New Orleans The queue to “count coup” on Bank of America and its decision to step back from stealing debit card fees from its customers is almost unseemly. We expect it from politicians, and props to Senator Durbin, VP Joe Biden, and the rest of the DC gang for the pile-on, which in fact was …
Tag: bank of america
Bank of America’s Countrywide Ghoul Strikes Again
New Orleans Reports from Bloomberg News and the Los Angeles Times are raising the specter of Bank of America filing for bankruptcy for its Countrywide mortgage unit detonating the “nuclear” option to save the parent company and run from the toxic mortgage load bought in 2008. I wonder if this doesn’t finally give another explanation …
Truth in Banking for Welfare Queens and Wannabes
New Orleans When there is actual truth told about banks and bankers that may not mean anything will change, but at least it’s a good way to start the day. On the way to battle the Sioux warriors used to say, “this is a good day to die!” In the battle for banking accountability, this …