Bank of America deal had early White House support
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U.S. Treasury Secretary Tim Geithner gestures as he testifies during a ...Source: Reuters -
U.S. Treasury Secretary Tim Geithner testifies before the ...Source: Reuters -
U.S. Treasury Secretary Tim Geithner testifies as a protest sign is ...Source: Reuters -
U.S. Treasury Secretary Tim Geithner testifies as a protest sign is ...Source: Reuters -
Combination photos show U.S. Treasury Secretary Tim Geithner ...Source: Reuters -
U.S. Treasury Secretary Tim Geithner is met with protesters as he ...Source: Reuters
Top economic advisers to President Obama signed off on a deal to protect Bank of America from losses incurred by its purchase of failed Wall Street firm Merrill Lynch a month before the new administration took office, according to Bank of America documents. The documents, describing internal discussions...
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Tuesday, October 13, 2009 Headlines Images
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Hang on! I (and millions of others) own this bank. Why did the ...
THE state-owned Royal Bank of Scotland is planning to hand out record bonuses of up to £5m each in a snub to struggling taxpayers. The average employee in its high-risk investment banking arm is likely to take home £240,000, with the top 20 staff in line for payments of between £1m and £5m. The conduct of these banks is ...
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WARNING: To All 'Bank of America' Customers...
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Something happened yesterday that I think most Bank of America customers would want to be made aware of... A year ago I received a letter from BofA stating that they were raising the interest rate on my credit card from 15.99% to 29.99% I called the bank and asked them why - I had NEVER been late or missed a ...
about 1 month ago
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US bank failures top 100 for year
The number of US bank failures this year has topped more than 100 after US federal regulators shut down a trio of small Florida banks. Bank failures have cost the Federal Deposit Insurance Corporation (FDIC) fund that insures deposits an estimated $25bn this year. More US banks have now failed this year than in any year since 1992. The ...
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News Stories
- News Source: The Washington Times | about 1 month agoGovernment regulators threatened to remove top Bank of America executives in December if they didn't acquire Merrill Lynch, but also agreed to provide taxpayer funds to compensate for Merrill's poor performance, according to company records obtained...
- News Source: Charlotte Observer Online | about 1 month agoFrom Bank of America, the panel will hear from directors Chad Gifford and Thomas May, as well as former general counsel Tim Mayopoulos. The committee has already heard from outgoing Bank of America chief executive Ken Lewis, Federal Reserve Board...
- News Source: Charlotte Observer Online | about 1 month agoInternal Bank of America documents and e-mails show that one of the candidates to become the bank's next chief executive was among the leaders heavily involved in crafting a government rescue package used to seal its Merrill Lynch purchase. As the...
- News Source: Washington Post | about 1 month agoTop economic advisers to President Obama signed off on a deal to protect Bank of America from losses incurred by its purchase of failed Wall Street firm Merrill Lynch a month before the new administration took office, according to Bank of America...
- News Source: The Economic Times | about 1 month agoBank of America Corp considered invoking a contractual provision allowing it to scrap its takeover of Merrill Lynch & Co as a means to negotiate a lower price rather than to back out, internal documents obtained by Reuters on Monday show. The largest...
- News Source: The Hill | about 1 month agoBank of America last week reached an agreement with federal regulators to release internal documents on the deal that are being provided to staff on the House Committee on Oversight and Government Reform. The House panel on Thursday is slated to...
Blogs
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- Blog Source: www.stockmarketcats.comTop economic advisers to President Obama signed off on a deal to protect Bank of America from losses incurred by its purchase of failed Wall Street firm Merrill Lynch a month before the new administration took office, . ...
- Blog Source: www.conservativepoliticalsuicide.comHouse lawmakers this week will use newly released internal documents to dig into Bank of America's controversial acquisition of Merrill Lynch. Read more… Here is the original post: Oversight hearing to examine new documents on BofA deal ...
- Blog Source: www.businessinsider.comWachtell told BofA it could not get out of Merrill deal, but later told Ken Lewis to inform the government BofA might do just that.
- Blog Source: washingtonindependent.comBush administration officials have been under fire for effectively forcing a merger last December between Bank of America and Merrill Lynch without informing BoA shareholders of the financial dire straights Merrill was in at the time. ... The
- Blog Source: dealbook.blogs.nytimes.comNew internal documents from Bank of America suggest that bank officials may have told the federal officials of their plans to exercise an escape hatch in their deal for Merrill Lynch as part of a high-stakes negotiating strategy to ...
- Blog Source: www.uicinvestors.organn arbor, mi a federal lawsuit was filed this morning against us treasury secretary henry m. paulson, jr. and the federal reserve board to stop all bailout.
Images
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Image Source: i151.photobucket.comBofA Chairman and CEO Kenneth ...Image Source: i151.photobucket.comBofA Chairman and CEO Kenneth Lewis ... -
Image Source: assets.bizjournals.comPaulson to testify on BofA-...Image Source: assets.bizjournals.comPaulson to testify on BofA-Merrill ... -
Image Source: dealbreaker.com -
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Image Source: thetruthorthefight.... -
Image Source: dealbreaker.com
Videos
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- Video Source: www.truveo.comHouse Gov’t. Reform Hearing ...Video Source: www.truveo.comHouse Gov’t. Reform Hearing on Bank of America
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- Video Source: www.truveo.com
- Video Source: www.truveo.comBank of America/Merrill Lynch ...Video Source: www.truveo.comBank of America/Merrill Lynch Press Conference (Part 1)
- Video Source: www.truveo.comIn-Depth Look - Bernanke ...Video Source: www.truveo.comIn-Depth Look - Bernanke Testifies In BofA/Merrill Deal
- Video Source: www.truveo.comIn-Depth Look - BofA-Merrill ...Video Source: www.truveo.comIn-Depth Look - BofA-Merrill Deal Controversy
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