Related Blog Posts
In Heart of the Crisis, Bank of America Exec Bought Ferrari, Rethought It
12 hours ago ago from Daily Intel
Former Bank of America CEO Ken Lewis. "At Foreign Cars Italia of Charlotte, where cars run from about $100,000 to $1 million or more, bank bonus season used to provide a boost every February. But Gary Furnas, a sales consultant at the dealership, said he hasn't been involved with a sale to a bank employee since November 2008. That customer, a Bank of America employee, bought a black Ferrari, but then kept it on the lot for two months ...
Related contentS&P cuts BofA, Citi outlook to negative
7 hours ago ago from Beans Rice and Gold
bizjournals.com Standard & Poor’s Ratings Service said Tuesday that it downgraded its outlook on Bank of America and Citigroup to negative from stable. The move underscored that the global financial crisis is far from over despite BofA, California’s largest bank, repaying the government’s investment of $45 billion in the bank under the federal Troubled Asset Relief Program in December. The revised outlook signals possible downgrades to ...
Related contentBofA Spent $1.18M Lobbying Government in 4Q – ABC News
14 hours ago ago from Mortgage News and Mortgage Rates
Bank of America Corp., the nation's largest lender, spent $1.18 million in the fourth quarter to lobby the federal government on issues such as executive compensation, credit cards and mortgage lending practices, according to a recent disclosure View original story
Related contentRelated News
Book Review: Union Atlantic
6 hours ago ago from Wall Street Journal
Once upon a time, there was a regional bank that took deposits and offered checking accounts. Over the years it grew into a financial-services giant. Then, to juice earnings, it traded the firm's own money "proprietary trading as it was called." Trouble ensues. That of-the-moment story President Barack Obama recently proposed a ban on banks' proprietary-trading operations propels "Union Atlantic," Adam Haslett's debut novel about an ...
Related contentRelated Videos
Nothing to see... move along.
