Americans, here's your tax dollars at work: In the U.K., Liverpool's football team has just signed up Bank of America as a major sponsor. BofA, which has received about $45 billion in U.S. federal rescue money after its acquisition of Merrill Lynch and its toxic assets, is the parent of MBNA, which ...

Nice perks if you can get them. A SEC filing from Bank of America reveals the goodies that come with being a banking exec. "Homeowners who can't relocate because they're stuck with mortgage payments on a home they can't sell would lust after even a pale imitation of the $2.6 million relocation deal ...

You knew this was coming: The Merrill Lynch execs named in yesterday's Wall Street Journal who received $10+ million accelerated bonuses are now in Andrew Cuomo's crosshairs, and he wants to talk to them: New York Attorney General Andrew Cuomo... Presented By: Kingdom of the Blue Whale – Sun Mar 8...

If you have any lines of credit and you use them to manage your financial flow, you should evaluate your personal money matrix so you're ready in case all of them get cut. They're cutting lines of credit even for rocket scientists like reader Rocky. That's right, he's an engineer in the aerospace in...

Bank of America investors have been suffering from severe mood swings lately. Based on concerns that the bank would be nationalized, huge volumes of the market cap have disappeared as everyone waits to see which way the regulatory winds will blow. Ben Bernanke seemed very clear that the nationalizat...

Bad day on Wall Street today, folks. The S&P 500 closed at the lowest level since April 1997. The NYT explains: Analysts said that after fevered speculation last week about bank nationalization, many investors now expect the government to move in that direction, despite statements from the White Hou...

Filed under: Management, Bank of America (BAC), Financial Crisis In a memorandum sent to employees on Friday, Bank of America (NYSE: BAC) CEO Ken Lewis dismissed rumors of nationalization and said that the company would not need any more government assistance: "Bank of America does not need any furt...

Well as you've probably heard, there's another Bernie Madoff doll on the market, introduced at the American International Toy Fair in New York. The "Smash-Me Bernie doll" comes with the ponz scummy evil doer clad in a devil's red suit,......

Bank of America's stock slid to a 20 year low today as investors became increasingly convinced that the bank would be nationalized. Share tumbled 18% early today, before climbing back up in the afternoon, says CNNMoney. Bank of America announced that it would try to cut costs by selling 3 jets and a...

There are 2 governments involved in the BAC situation. The 1st is the government of Bush and the 2nd is the government of Obama. The Bush government was reckless and waited until the last minute to reveal the systemic situation......