Posts Tagged “Bank Of America”

News Sources wrote an interesting post today on
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News Sources wrote an interesting post today on
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Well, at least Bank of America’s board did something right, sort of. CEO Kenneth Lewis, who bought Merrill Lynch a year ago even when he knew it would be terrible for Bank of America shareholders, is leaving. No surprise there. Here’s what’s unusual: Technically he gets no golden parachute. He has no employment contract with the bank. And, even more unusual, in 2002 Bank of America froze the “supplemental” pension that Lewis and other bigwigs get.Lewis will still have an executive pension, but h

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News Sources wrote an interesting post today on
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Download latest version of Flash to view video! . Click Here to View in Full Screen Mode Here’s my letter to BofA and any other ATM-owing banks in the world who leave their ATM LCD on all night long: Dear CEO of BofA and other banks that leave their ATMs on at night: It’s 3:35AM over here in California, I have not been able to goto sleep tonight so I am working(blogging) in my car again. Anyways, I parked my car by a local stripmall where I’ve noticed that Bank of America ATM machine

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News Sources wrote an interesting post today on
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I sure am happy that I am not working in the mortgage business anymore! First, Bank of America won a restraining order barring Colonial Bank from selling or otherwise disposing of $1 billion in cash and loans held by Colonial . Colonial, who most think will be taken over by the FDIC any day now (and today IS Friday…), was sued by BofA Wednesday. It seems that Colonial, through a Taylor Bean commercial paper network named Ocala Funding LLC, may be holding the cash and loans as a custo

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News Sources wrote an interesting post today on
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For a limited time guests can stay two consecutive nights and receive a third night free at the Renaissance Vinoy Resort & Golf Club in Tampa Bay, Fla. Valid through Sept. 20, 2009, rates are $159 to $259 per room per night. From now until Aug. 16, 2009, the St. Petersburg Museum of Art is featuring the Andy Warhol Portfolios: Life and Legends exhibit. Featuring more than 70 prints from some of his most celebrated series, this exhibit is organized by the Bank of America Corporate Ar

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