ROBIN TINAY SALLIE/KRT/Newscom Jeff Olson has no criminal record, has hurt no one, and has done no significant damage to anyone’s property. And he nearly ended up in prison. His crime? Writing on the sidewalk—with washable chalk. Olson wrote a series of protest slogans between February and August 2012 on public sidewalks in front of […]
Bank of America has reportedly frozen the account of gun manufacturer American Spirit Arms, according to its owner, Joe Sirochman. In a Facebook post dated December 29, Sirochman wrote the following: “My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to […]
Two of 13 “demands” posted on the website of the Occupy Wall Street protesters Sept. 25 were for “free college education” and for forgiving student loans (and all other debts.) This wasn’t an “official” list, OWS said. But a survey of 200 protesters by Democratic pollster and Fox analyst Douglas Schoen indicated widespread support for […]
The Occupy Wall Street protests that began in New York City more than three weeks ago have now spread across the country. The choice of Wall Street as the focal point for the protests — as even Federal Reserve Chairman Ben Bernanke said — makes sense due to the big bank malfeasance that led to the Great Recession. While the […]
In New York the, ‘Occupy Wall street’ protest group took to the streets again for the second time in twenty four hours. One section of the demonstration attempted to cross the traffic lanes of the Brooklyn Bridge prompting the police to move in. More than 700 were arrested as they brought traffic to a standstill […]
WASHINGTON – Bank of America is delaying foreclosures in 23 states as it examines whether it rushed the foreclosure process for thousands of homeowners without reading the documents. Bank of America isn’t able to estimate how many homeowners’ cases will be affected, Dan Frahm, a spokesman for the Charlotte, N.C.-based bank, said Friday. The move […]
SPRING HILL — Charlie and Maria Cardoso are among the millions of Americans who have experienced the misery and embarrassment that come with home foreclosure. Just one problem: The Massachusetts couple paid for their future retirement home in Spring Hill with cash in 2005, five years before agents for Bank of America seized the house, […]
A few media outlets cheered the announcement that Bank of America was repaying its $45 billion of bailout money ahead of time. Bank of America is now obviously healthy again, so it’s time to celebrate, right? Well, no. The main reason Bank of America paid back the money was to get out from under the […]
CHARLOTTE, N.C. – Bank of America Corp. said Friday it lost more than $2.2 billion in the third quarter as loan losses kept rising, providing further evidence that consumers are still struggling to pay their bills. The nation’s second-largest bank said it wrote down loans on its books by almost $10 billion during the July-September […]
