Displaying all articles tagged:
Bank Of America
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wall street justice
Peter Kraus Finally Loses Some MoneyRecession finally catches up to man who made $25 million in three months at Merrill Lynch.
By Jessica Pressler
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too big to fail
Bank of America Invents New MathThey said they reviewed more than 100,000 documents when they really reviewed 1,000.
By Avi Zenilman
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earnings report
Bank of America, Goldman Sachs Post (Relatively) Weak EarningsBank of America lost $7.3 billion, Goldman just lost a little of its luster.
By Jessica Pressler
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wall street
Bank of America Says Bank of America Does Not Make MistakesAfter reviewing over 100,000 documents, it “insisted that it had not found a single example where a foreclosure proceeding was brought in error.”
By Avi Zenilman
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wall street
Wake Up and Smell the Foreclosure CrisisBank stocks plunge after investors (belatedly?) realize the housing market might be royally screwed.
By Avi Zenilman
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Banks Get Slapped Around By Fannie, Freddie, and 40 Attorneys GeneralNext time you kick thousands of people out of their homes, make sure not to make stuff up on the foreclosure documents.
By Avi Zenilman
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money never sleeps (except for at bank of america)
Analysts Analyze Wall Street 2: ‘No One Wears Pocket Squares’Also, the amount of time Jake spends in the office is way off — by Goldman standards, anyway.
By Jessica Pressler
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real estate
By Chris Rovzar
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fi-cri fallout
By Jessica Pressler
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fi-cri fallout
By Jessica Pressler
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popularity contests
Brian Moynihan Replaces Jamie Dimon As Obama’s Favorite BankerThe president has reportedly traded the demanding, prickly banker for a “fresh face.” Men.
By Jessica Pressler
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things that are unintentionally hilarious
By Jessica Pressler
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real-life ferris buellers
How Bank of America CEO Brian Moynihan Gives His Office That Lived-In LookFamily photos give the Bank of America CEO’s empty office a feeling of presence.
By Jessica Pressler
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Bank of America: They Steal Parrots, Don’t They?Foreclosing on the wrong person’s house: bad. Taking their pet: worse.
By Jessica Pressler
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eradicated annoyances
Bank of America Plans to Eliminate Overdraft Fees on Debit PurchasesGone are the days of “$40 cups of coffee” … for Bank of America customers, at least.
By Josh Duboff
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Silver-Tongued Judge Rolls His Eyes at Andrew Cuomo’s Florid Language“Even in an era of purple prose,” the attorney general is over the top, the judge concludes.
By Jessica Pressler
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coin tosses
By Jessica Pressler
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drama queens
By Jessica Pressler
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the bonus buster
Bonus Buster: Bank of America Execs Acted Out of Self-Interest, Greed, and HubrisBonus Buster Andrew Cuomo files a 90-page lawsuit against the bank’s top executives.
By Jessica Pressler
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white women with money
By Jessica Pressler
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finance fiction
By Jessica Pressler
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SEC Going After Bank of America For Lying to Shareholders, AgainBank of America didn’t tell investors that Merrill Lynch lost billions.
By Adam K. Raymond
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a stickler for details
Whatever You Heard About Bank of America’s Huge-Ass Bonuses Is WrongHow wrong? They’re not even going to dignify that question with an answer.
By Jessica Pressler
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white women with money
Bank of America’s Lisa Carnoy Uses Mom Skills in the BoardroomThe executive at Bank of America recently engineered a huge deal to sell $19 billion worth of shares in the bank. How?
By Jessica Pressler
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white men with money
Cheat Sheet: Brian Moynihan, Bank of America’s New CEOBank of America’s new default CEO is rumored to be … competent.
By Jessica Pressler
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white men with money
By Adam K. Raymond
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early and awesome
By Jessica Pressler
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cost-benefit analysis
By Jessica Pressler
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Jamie Dimon Hires His FatherTed Dimon leaving Bank of America for JP Morgan.
By Lindsay Robertson
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what other people think
Pay Czar’s Plan Getting Low MarksIs Ken Feinberg’s plan to cut Wall Street’s pay an effective smackdown, or a case of too little, too late?
By Jessica Pressler
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early and often
Pay Czar May Curb Wall Street Salaries by 50 PercentKenneth Feinberg is set to propose that up to 50 percent of employees’ salaries at bailed-out banks be shifted into stock.
By Jessica Pressler
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white men with money
By Jessica Pressler
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white men with money
Who Will Succeed Ken Lewis?Assessing the Bank of America chief’s possible replacements.
By Duff McDonald
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white men with money
Bank of America’s Ken Lewis ResignsThe North Carolina–based CEO is “really tired of all the mud that was being piled on him,” says a source.
By Jessica Pressler
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Bank of America Misses High-Noon DeadlineNow the bank will have to face off against Representative Edolphus Towns.
By Jessica Pressler
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Congress Does Not Want to Hear About How ‘Mammoth’ Bank of America’s Nuts AreIn response to a subpoena, Bank of America drops a pile of useless e-mails on a congressman’s desk.
By Jessica Pressler
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white men who can still use private jets whenever they feel like it
By Jessica Pressler
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the long arm of the law
Judge Smacks Down Bank of America’s Settlement With the SEC, Wilde-StyleThe judge quoted Oscar Wilde’s “Lady Windermere’s Fan” in the end of his ruling.
By Jessica Pressler
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the bonus buster
Bank of America Blasts Andrew Cuomo With Fifty-Cent WordThe bank fights back against the attorney general’s accusations that they were “hindering” his investigation into Merrill Lynch bonuses.
By Jessica Pressler
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the greatest depression
Bank of America Wants Out of Special EdKen Lewis no longer wants his bank to be designated as an ‘exceptional’ TARP recipient.
By Jessica Pressler
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back to school
What Fall Brings for Wall Street’s BanksRecess is over, and Congress will be scrutinizing the big boys.
By Heidi N. Moore
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the greatest depression
By Jessica Pressler
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white men with money
How Uncle Sam Owns Ken LewisA succession race at Bank of America is a sign of your taxpayer dollars at work.
By Heidi N. Moore
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white men who still inexplicably have their jobs
By Jessica Pressler
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