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John Rossomando The Daily Caller 10/10/2011 Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush. In 2008, Wall Street’s largesse accounted for […] October 10th, 2011 | Tags: Bank of America, Citigroup, credibility, hypocrisy, JPMorgan Chase, Morgan Stanley, Sen. Chuck Schumer, UBS AG, Wall Street | Category: Banking and finance, Barack Obama, fundraising, Goldman Sachs, lobbyists, Politicians | Comments are closed
Joe Weisenthal Business Insider 10/4/2011 This morning we touched on Obama’s comments with regard to Bank of America’s controversial, $5/month debit card fee. When asked about it by George Stephonopolous, Obama said that it was stuff like this called for the Consumer Financial Protection Bureau. That immediately seemed wrong to us, as in, setting prices […] October 4th, 2011 | Tags: bank fees, Bank of America, Consumer Financial Protection Bureau (CFPB), Dodd-Frank Wall Street Reform and Consumer Protection Act | Category: Banking and finance, Barack Obama, federal regulations, Progressives | Comments are closed
Mike Brownfield The Morning Bell Heritage.org 10/3/2011 Use a debit card? Now it’s really going to cost you. Bank of America announced last week that it will begin charging customers $5 per month for use of their debit cards. But if you’re looking for someone to blame, set your sights on Washington. Bank of America […] October 3rd, 2011 | Tags: "Durbin amendment", bank fees, Bank of America, checking accounts, debit cards, Dodd-Frank Wall Street Reform and Consumer Protection Act, JPMorgan Chase, Sen. Dick Durbin, Wells Fargo | Category: Banking and finance, Congress, federal regulations, Federal Reserve | Comments are closed
Marcy Gordon Associated Press via HamptonRoads.com 9/13/2011 WASHINGTON (AP) — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 Tuesday to approve the rules, which were mandated under the financial […] September 13th, 2011 | Tags: Bank of America, Citigroup, Dodd-Frank Wall Street Reform and Consumer Protection Act, JP Morgan Chase, living will, Wall Street, Warren Buffett | Category: banking regulations, Congress, FDIC, federal regulations, Goldman Sachs | Comments are closed
BBC News 22 August 2011 A former Wikileaks spokesman claims to have deleted thousands of unpublished files that had been passed to the whistleblowing site. Daniel Domscheit-Berg told the German newspaper Der Spiegel that the documents included a copy of the complete US no-fly list. He said he had “shredded” them to avoid their […] August 22nd, 2011 | Tags: "no-fly", Bank of America, Daniel Domscheit-Berg, Julian Assange, neo-Nazis, OpenLeaks, WikiLeaks | Category: Internet, technology, terrorism, United States | Comments are closed
Bradley Keoun and Phil Kuntz Bloomberg 8/21/2011 Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits. By 2008, the housing market’s collapse forced those […] August 21st, 2011 | Tags: Bank of America, Ben Bernanke, Citigroup, Dexia SA, Dodd-Frank, Morgan Stanley, Royal Bank of Scotland, UBS | Category: Banking and finance, Federal Reserve, Goldman Sachs, TARP, Treasury Department | Comments are closed
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