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Dalton Chiscolm sues Bank of America for $1784 Billion Trillion

A man sues Bank of America for 1,784 billion, trillion dollars ($17,840,000,000,000,000,000,000) because he said he was given inconsistent information and his checks had been rejected. US District Judge Denny Chin said it was "incomprehensible". He has given Chiscolm until...

created by Scott Wu | 8 wks ago
1298 views | 10 recommendations | 2 comments

Bernanke Defends Merrill Lynch Deal

Ben Bernanke, Chairman of the US Federal Reserve, is answering quesitons in Congress today, defending his role in the Bank of America takeover of Merrill Lynch. BofA CEO Kenneth Lewis claims that Bernanke threatened to have him removed if the takeover deal fell apart, a claim...

created by Jordan Yerman | 22 wks ago
28 views | 0 recommendations | 0 comments

shaknar

Merrill, BofA Shareholders Approve the Combination

The Shareholders of both Merrill Lynch & Co. and Bank of America have approved the sale of Merrill to Bank of America, this friday Dec, 5. This will in turn create the U.S. largest financial-services firm....

created by mazevedo | 51 wks ago | updated 50 wks ago
135 views | 1 recommendation | 0 comments

Investors Hit BofA Loan Modifications

Bank of America Corp.'s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody...