bofa

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Latest blogosphere posts tagged “bofa”

  • Do Global Banks Spread Global Imbalances? The Case of Asset-Backed Commercial Paper During the Financial Crisis of 2007–09


    shopyield.comAuthority Authority: 427
    Jacques Polak Research Conference at the IMF Financial Frictions and Macroeconomic Adjustment Washington DC, November 5—6, 2009 Session 4:  Asset Prices and Crises Chair: Jan Brockmeijer (Deputy Director, Monetary and Capital Markets Department, IMF) Do Global Banks Spread Global Imbalances? The Case ...
    5 days ago
  • BofA taking Twitter to next level with CRM


    The Financial BrandAuthority Authority: 490
    Bank of America has been working on a CRM solution to monitor and manage its Twitter-based customer service efforts. It appears the bank has teamed with Salesforce to deploy the customer-service computing company’s Service Cloud 2 product that was introduced earlier this year. You can see a rather bizarre ...
    6 days ago
  • The Parable of the Trading Sardine


    The Melting Pot ProjectAuthority Authority: 433
    Buddy Christ approves this message. Sudden Debt recently posted this little story, and I would be remiss to not share a lesson taught by guys named "Zebediah" and "Yorick." Enjoy: Andy convinces Billy to buy a can of sardines at...
    6 days ago
  • Bank of America’s Next CEO May Be Based in New York City


    Bank REO Real EstateAuthority Authority: 118
    This is good news that they are looking to have their banking operations headed from NYC where many still see it as the financial center of the world.  Charlotte is suitable for handling overall operations but with trading and other financial product units becoming a larger portion of major banks revenue streams, it ...
    1 week ago
  • In Brief: Snapshots of stories you may have missed


    The Financial BrandAuthority Authority: 490
    Click on the hotlinked summaries to read the full story. On Hold: ING Direct’s entertaining pre-recorded phone messages You Suck: Which U.K. bank gets the most complaints? Freeze! FBI’s 2009 Q2 robbery data for financial institutions Yucky Trend: Image of banks continues to plummet ...
    1 week ago
  • When Anarchists Attack: Fell Street BofA Still Boarded Up After Halloween Mayhem


    San Francisco CitizenAuthority Authority: 527
    This is the scene at Fell and Broderick, right across the street from the makeshift shrine of fallen pedestrian Melissa Dennison . It seems the Bank of America Buena Vista Branch #0269 suffered a Halloween night attack from people dressed in black who broke numerous large windows and an ATM. Apparently, the ...
    1 week ago
  • It is illegal for a bank to change raise my FIXED mortgage rate?


    Financial PlanningAuthority Authority: 435
    Recently the bank that my mortgage loan is through went bankrupt. My mortgage loan was transferred to Bank of America. Initially, i had a 30 year fixed mortgage rate and now B.O.A is saying that my payments are almost 500$ more than they initially were. Is this illegal for the bank to [...]
    1 week ago
  • Fed all talk, no action?


    MacroScopeAuthority Authority: 424
      BofA Merrill Lynch Global Research economist Ethan Harris thinks all the talk of a Federal Reserve rate hike is just that — talk. Harris, a former Federal Reserve Bank of New York economist, said much of the recent hawkish commentary has come from presidents of the regional Fed banks, and that may not be ...
    1 week ago
  • BofA puts $40 million into ‘Simple’ ads


    The Financial BrandAuthority Authority: 490
    Bank of America is shifting its ad focus from brand to products in its $40 million ad campaign for Q4. The campaign uses straightforward demonstrations to show how simple banking is at BofA, featuring flagship products like Keep the Change, Add It Up and Power Rewards. The overall take-away BofA hopes ...
    1 week ago
  • How Goldman Secretly Bet on the U.S. Housing Crash


    ::Broadcatching::Authority Authority: 129
    McClatchy Washington BureauSun, Nov. 01, 2009Greg Gordon | McClatchy NewspapersNovember 01, 2009 01:17:44 AMWASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp ...
    1 week ago
  • The Little-Guy Agenda


    The Atlantic Politics ChannelAuthority Authority: 150
    The Obama administration came into this summer with a sweeping plan for financial regulation--its proposals for how to prevent another meltdown after the mortgage crisis and the wave of bank failures that led up to President Obamas inauguration and continued to dominate discussion during his first months in office. ...
    1 week ago
  • Bank of America Project Review released to public


    Kirkland ViewsAuthority Authority: 138
    Redacted version of Sterbank Report now available from City of KirklandThe City of Kirkland has just released what is being called the “Bank of America Project Review” which tasked an outside attorney, Bob C. Sterbank, to review the process of a legal nightmare which engulfed the City Council in the summer of ...
    1 week ago
  • Block 37 May Need New Developer


    The Chicago 77Authority Authority: 426
    28 October 2009 – Block 37 again faces uncertainty after Bank of America filed a $128-million foreclosure suit against its developer last week. One possible solution - replace current developer Joseph Freed & Associates with a new developer willing to pump more money into the project. Block 37 is already $34 ...
    2 weeks ago
  • Beware: 5 credit card pitfalls to avoid


    WalletPop BlogAuthority Authority: 719
    Filed under: Credit , Credit Reports , Credit cards Just when you thought new legislation meant plastic was safe. Credit card companies are finding loopholes in the new Credit Card Act of May 2009. Their motive: Making up for lost revenue and side-steeping the reform. The first part of the law rolled into ...
    2 weeks ago
  • “In cases like this, the outcome is always along the lines of 50, 60 or 70 cents on the dollar”


    shopyield.comAuthority Authority: 427
    ~ We still don’t know why the Federal Reserve paid 100 cents on the dollar to the counterparties of AIG. .. the mystery is another mark against the “too big to fail” banks and their closely woven interconnection with the Federal Reserve … Bloomberg reminds us of a comparable closeout of a ...
    2 weeks ago
  • “Money illusion”


    shopyield.comAuthority Authority: 427
    Analysis and discussion with Niall Ferguson of Harvard University; Banks still too big to fall and free borrowing helps banks. (Bloomberg News video - running time 8:00) Excellent analysis…
    2 weeks ago
  • Documents in Bank of America Probe Apparently Show CEO Misled Federal Officials


    BuzzFlash.net: publishedAuthority Authority: 548
    New documents in the Bank of America Corp. investigation show that chief executive Ken Lewis apparently misled federal officials when he asked them to cough up $20 billion and other financial incentives to keep him from canceling the banks merger with Merrill Lynch & Co., Inc.---Lewis told the feds that he had ...
    2 weeks ago
  • Zombies Identified


    Tim Oren's Due DiligenceAuthority Authority: 415
    Because only zombie companies would put up with this . And like movie zombies, these - Bank of America, American International Group, Citigroup, General Motors, GMAC, Chrysler and Chrysler Financial - will soon, if not already, be shambling around groaning for "braaaiiinnnsss!!1!1!" because the few left there will ...
    2 weeks ago
  • Feds threatened to oust BofA execs over Merrill deal


    American Conservative DailyAuthority Authority: 501
    Government regulators threatened to remove top Bank of America executives if they backed out of a buyout of failing brokerage giant Merrill Lynch, and offered to provide taxpayer funds to compensate for Merrills poor performance, according to company records obtained by The Washington Times. The documents - e-mails ...
    3 weeks ago
  • Daily Highlights: 10.19.09


    zero hedgeAuthority Authority: 761
    Asian currencies advance for a seventh week as growth, yields draws funds. Asian stocks fell as losses at Casio, Yaskawa Electric spook expectations of recovery. Business-Jet demand likely to skid before recovering: Honeywell Intl. China’s economy grew by over 7% in the first nine months of the year: Govt ...
    3 weeks ago

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