Bank Of America ATMs Altered To Become ‘Truth Machines’
San Francisco’s Rainforest Action Network altered 85 Bank of America ATMs around the city last week using sticker overlays, so that the machines would notify users of what their money is being used for. Bankrupting America has a handy map of the affected/improved ATMs.
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Was Blagojevich Arrested On Corruption Charges After Going Up Against Bank of America?
Site’ editor’s note: Former Illinois Governor Rob Blagojevich was sentenced to 14 years this week after being convicted of a wide range of corruption charges, including the allegation that he tried to sell the Senate seat vacated by President Obama.
You won’t see the talking head presttitutes discussing the fact that former Governor Rob Blagojevich was arrested exactly one day after he announced he was “…asking all Illinois government agencies to suspend business with Bank of America” …
Here’s Rod Blagojevich uncensored on We Are Change Chicago:
Bank of America Hands Out 30,000 Pink Slips To Boost Profits
Aaron Cynic writes at Diatribe Media:
Bank of America announced it would send 30,000 more people to the unemployment line in a massive layoff in the hopes of cutting costs. The majority of people cut would be those working in data centers and deposit systems, according to reports from Bloomberg.
The layoffs are part of a plan by CEO Brian T. Moynihan, who wishes to cut $5 billion in annual costs in order to bolster the bank’s profits and stock:
“Profit is under pressure mainly because of losses, legal costs and writedowns tied to the 2008 takeover of subprime lender Countrywide Financial Corp. At the same time, revenue is shrinking as the U.S. economy slows. Moynihan has said that because the bank is one of the biggest consumer lenders, its fortunes are closely tied to home prices and the jobless rate.”
According to some admittedly unscientific data, the average salary for a Bank of America job is probably…
Bank Of America Pays $410 Million To Settle Accusations Of Charging Illegal Overdraft Fees
Can we charge Bank of America an overdraft fee? The San Francisco Gate writes:
Bank of America has agreed to pay $410 million to settle a lawsuit in which the lender is accused of manipulating debit transactions to maximize overdraft fees. The agreement is believed to be the first financial settlement by a large bank in a case alleging deceptive overdraft practices. It may presage the outcome of related claims against 30 other lending institutions, including Wells Fargo, Citibank, Chase, Union Bank and U.S. Bank.
San Francisco’s Wells Fargo is embroiled in a separate lawsuit in federal court in San Francisco brought by California customers. That case started before the multistate legal action, but has not concluded because Wells has filed an appeal.
In August, U.S. District Judge William Alsup issued a scathing ruling ordering Wells Fargo to pay its California clients $203 million. He said the bank’s goal was to “maximize the number…
The Bank of America Data Leak Starts, Thanks To Anonymous
In November 2010 Julian Assange created much consternation among banking circles by revealing that WikiLeaks had material that could take down a major bank, which was later revealed to be Bank of America. However, despite or maybe because of Assange’s arrest in Britain, the leak was not forthcoming … until now, it seems.
The group Anonymous has announced an initial BofA release on its Twitter feed and the link to a .rar compressed file is here. The group’s website BankOfAmericaSuck.com appears to be down as of this posting, probably because it’s overwhelmed (or perhaps BofA has attacked it?).
The disinformation team hasn’t had a chance to analyze the leaked material from BofA yet – anyone who has please post your thoughts in the comments.
Ever Want to Yell at 300 Billionaires Who Helped Wreck the Economy? (Video)
At Bank of America’s first Investor Conference in three years (3/8/11), organizers from US Uncut crashed the event to protest corporate tax dodgers and public service cuts. The room was packed with 300 hedge fund managers, institutional investors, & asset managers.
What US Uncut said:
When corporations like Bank of America don’t pay their fair share of taxes, we have to ‘cut’ teachers, firefighters, and public servants. Do you pay your taxes? So do we. Why don’t corporations pay their fair share, just like everyone else? Bank of America is Bad for America. Bank of America pockets Billions in profits and bailouts, but $0 in American taxes — that’s immoral and un-American.
Activists Target Bank of America With Feb 26 ‘US Uncut’ Invasion
The “UK Uncut” anti-austerity activities have brought British banks and stores to a standstill as activists demand that the beneficiaries of government bailouts pay their share of taxes. The success of the actions has inspired American activists to stage their own “US Uncut” measures with the first, targeting Bank of America, set for February 26, 2011. The organizers are recommending that participants watch the British video on how to do a “Bail-In”:
The group explains why BoA is the first U.S. target:
Despite ruining the economy with their reckless greed, Bank of America has consistently avoided any form of accountability…
Bank of America Running Scared of WikiLeaks
The power of WikiLeaks remains undiminished in 2011. The New York Times devotes a major story to Bank of America’s desperate attempts to mitigate the carnage expected when (if) WikiLeaks releases details of scandalous, fraudulent activities at the bank:
By the time the conference call ended, it was nearly midnight at Bank of America’s headquarters in Charlotte, N.C., but the bank’s counterespionage work was only just beginning.
A day earlier, on Nov. 29, the director of WikiLeaks, Julian Assange, said in an interview that he intended to “take down” a major American bank and reveal an “ecosystem of corruption” with a cache of data from an executive’s hard drive. With Bank of America’s share price falling on the widely held suspicion that the hard drive was theirs, the executives on the call concluded it was time to take action.
Since then, a team of 15 to 20 top Bank of America officials, led by…
Banks Accused of Illegally Breaking Into Homes
Man, can’t wait for WikiLeaks to release their (alleged) dirt on Bank of America. If that bank does what is reported below, who knows what else the Banksters of America have been involved with. Andrew Martin reports in the NY Times:
TRUCKEE, Calif. — When Mimi Ash arrived at her mountain chalet here for a weekend ski trip, she discovered that someone had broken into the home and changed the locks.
When she finally got into the house, it was empty. All of her possessions were gone: furniture, her son’s ski medals, winter clothes and family photos. Also missing was a wooden box, its top inscribed with the words “Together Forever,” that contained the ashes of her late husband, Robert.
The culprit, Ms. Ash soon learned, was not a burglar but her bank. According to a federal lawsuit filed in October by Ms. Ash, Bank of America had wrongfully foreclosed on her house…
