Bank of America - MintPress News

Bank of America to SEC: Cryptocurrency Creating Pressure To Lower Prices

In an annual report to the SECBank, Bank of America complained that cryptocurrencies pose a threat to their business model by pressuring them to lower prices.

febrero 26th, 2018

Por Justin Szilard

Bank of America to SEC: Cryptocurrency Creating Pressure To Lower Prices

The second largest bank by total assets, Bank of America, detailed in an annual report to

Lea el artículo completo

Justin Szilard

Justin Szilard is a writer with a formal background in economics and research from the London School of Economics. He is a fan of cryptocurrency, the potential it holds to help bring about a better economy and society.

So, You Thought Bank Of America Would Be Punished For Role In 2008 Crisis? Think Again

Big Banks unsurprisingly receive yet another layer of defense against responsibility for wrecking the global economy.

mayo 24th, 2016

Por Claire Bernish Claire Bernish @Subversive_Pen

So, You Thought Bank Of America Would Be Punished For Role In 2008 Crisis? Think Again

In a reversal of the smidgen of accountability forced on Bank of America for its role in the 2008 financial crisis, a U.S. appeals court threw out a jury’s verdict — and with it, the $1.27 billion fine BoA would have paid for mortgage fraud. Though the Department of Justice had alleged Countrywide Financial Corp., which was purchased by Bank of

Lea el artículo completo

Claire Bernish

Claire Bernish is an activist and journalist who focuses on government and corporate corruption, freedom of speech, censorship, law enforcement accountability, and human rights. Her work can be seen on TheFreeThoughtProject.com, theAntiMedia.org, and multiple other outlets. Follow Claire on Twitter @Subversive_Pen or connect on Facebook Claire S Bernish or through her page here.

Iceland Sentences 29th Banker To Prison, US Bankers Still Collecting Bonuses

Iceland’s economy was among those hit hardest by the 2008 financial crash, leading to unusually strict treatment of the bankers responsible.

febrero 01st, 2016

Por MintPress News Desk

Iceland Sentences 29th Banker To Prison, US Bankers Still Collecting Bonuses

REYKJAVIK, Iceland --- While the world economy struggles to recover from the 2008 financial crisis, most of the bankers who caused the collapse are still collecting massive salaries and have faced few, if any, consequences. Except in Iceland. In one of the countries hit hardest by the collapse, 29 bankers have now been

Lea el artículo completo

Justice Is Blind To Those Who Can’t Afford It

MintPress explores the two vastly different prosecutory worlds available to those with money, power and influence, and those without it, finding discrepancies between how the U.S. justice system handles corporate and street crimes.

diciembre 10th, 2014

Por Sean Nevins @seannevins

WASHINGTON --- Two days after a Staten Island grand jury acquitted NYPD Officer Daniel Pantaleo in the death of Eric Garner, banking and financial services giant BNP Paribas S.A. (BNPP) was able to delay sentencing that would force it to pay $8.9 billion for pleading guilty to violating U.S. sanctions regulations. Nobody at the

Lea el artículo completo

Sean Nevins

Sean Nevins is a Washington DC based staff writer for MintPress focusing on foreign affairs, and the intersection of politics and policy. His work has appeared on Link TV, Inter Press Service, and The Real News Network. He has lived and reported from all over the world and holds a Master’s in Asian Studies (focus: Pakistan) from Lund University in Sweden.

Bank Of America Settlement Only Proves Invincibility Of Wall Street

Critics say even the largest settlement to date shows that the big banks never really pay for their financial crimes.

agosto 23rd, 2014

Por Jon Queally @jonqueally

It's not nothing, say critics, but the U.S. government's announced $16.65 billion settlement with Bank of America announced on Thursday—so far the largest associated with the Wall Street-fueled mortgage malpractice that led to the 2008 financial

Lea el artículo completo

Latest Bank Fine Shows Broken Regulatory System, Out-Of-Touch Industry

Bank of America is the latest major bank to get slammed with fines and orders to repay customers affected by unfair and deceptive practices and products.

abril 11th, 2014

Por Frederick Reese @FrederickReese

Latest Bank Fine Shows Broken Regulatory System, Out-Of-Touch Industry

In June 2013, Americans’ confidence in U.S. banks ticked upward for the first time since 2006, according to polling conducted by Gallup, to 26 percent approval. This represents a

Lea el artículo completo

Frederick Reese

Frederick Reese is lead staff writer for Mint Press specializing in race, poverty, congressional oversight and technology. An award winning data journalist and creative writer for over 15 years, Frederick has written about and worked for social advocacy projects and personal awareness efforts. Frederick is a jack-of-all-trades, with work experience as a teacher, a pastry chef and a story writer. Frederick has publication credits with Yahoo!, B. Couleur, and more. A native New Yorker, Frederick graduated from Colgate University in 1999 and Johnson & Wales University in 2003. Frederick started his journalistic career writing for his university’s newspaper, “The Colgate Maroon-News,” before starting and heading his own magazine, “The Idealist.” Most recently, Frederick received a data journalism award from the International Center for Journalists for his minimum wage coverage for MintPress. Follow Frederick on Twitter: @frederickreese

Bank of America Froze US-Born Family’s Bank Account After Demanding Citizenship

Josh was born in Wichita, Kansas, while his wife Jessica Salazar Collins was born and raised in Kansas City, Missouri.