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Bank of America Credit Card? - I Don’t Recommend It!
My Word | 14 hours ago by Motherwise
[rating: 0 - yes, that is a zero] I have been debating whether or not to post this or not so I waited an appropriate amount of time for my temper to cool down before doing so - a full 9 months. I had a credit card account with Bank of America I had a read more
New study finds mobile banking is a major priority for U.S. banks
Investment Blog | May 15th 2008 by Admin
Banks turn to mobile access as the next big thing By Riley McDermid, MarketWatch Last Update: 11:58 AM ET May 15, 2008 NEW YORK (MarketWatch) — Now that online banking has been around for more than a decade, and widely accepted by customers, ba read more
Bank of America Expecting More HELOC Losses
HELOC Basics | May 15th 2008 by Robert
Bank of America is now predicting even greater losses on HELOC investments than initially expected. The Los Angeles Times reports: “Bank of America Corp. warned Tuesday that its losses on home-equity loans would be worse than it predicted just read more
Mobile Banking Uptake: Bank of America Closing in on 1 million Mo…
NetBanker | May 14th 2008
In its latest quarterly financial results (here), Bank of America said it signed up 224,000 new users during the quarter to bring it active mobile banking base to 840,000. Assuming the 75,000/mo pace continues through second quarter, the bank should. read more
Do you really want to read crappy corporate pitches?
Pointless Banter | May 14th 2008 by Kevin
In the last few days one of the hot topics on the interweb has been how PR people pitch bloggers. Some bloggers have begun to “out” these pr firms and create a list so people can put them into their spam filters and not receive e-mails fr read more
Bank of America
verysmartinvesting | May 13th 2008 by Avi
Bank of America, A Dow stock & member of the S&P500 Dividend Aristocrat list, gave insights into its business at an investment conference. Their business outlook is gloomy but they remain on track to acquire Countrywide (CFC) in Q3. The stoc read more
“Old Foes Unite to Keep Charging Credit Card Fees to Merchants…
WayTooHigh.com | May 12th 2008 by ScanMyPhotos.com - Mitch Goldstone
WayTooHigh.com - The Credit Card Interchange Report Comments: Even financial interpreter Jim Cramer is in for a grueling week as Visa and MasterCard readies for what both companies warn might lead to their “insolvency” [according to their read more
Visa and MasterCard: How to Profit Off a Devistating Natural Disa…
WayTooHigh.com | May 11th 2008 by ScanMyPhotos.com - Mitch Goldstone
Visa and MasterCard profiting from a devastating natural disaster? This is another image crisis for the two leading credit card associations and their thousands of member banks. When the public understands that with each electronic payment donation read more
Visa and MasterCard: How to Profit off a Devistating Natural Disa…
WayTooHigh.com - The Credit Card Interchange Report | May 8th 2008 by ScanMyPhotos.com - Mitch Goldstone
Visa and MasterCard Profiting From a Devastating Natural Disaster If you thought that Visa, MasterCard and thousands of banks were heartless by reaping windfall profits during our economic energy crisis and record fuel prices, just wait. Even more di read more
BofA May Nix Countrywide Deal
FeedTheBull | May 6th 2008 by FeedTheBull
Bank of America is now being urged to reconsider their Countrywide bid. Ari Levy and Christopher Stern, Bloomberg News, report that Sen Chuck Schumer (D-NY) wants BofA to consider cutting the $4 billion price tag for the deal. Investors have speculat read more
It’s still a good idea to sell in May and go away
Investment Blog | May 6th 2008 by Admin
Risk management is the strategy of choice By Todd Harrison Last Update: 6:42 PM ET May 6, 2008 NEW YORK (MarketWatch) — Time is the ultimate arbiter of fate. This is especially true in the financial markets. A few summers ago at the Minyans in read more
Global Investing Roundups Tuesday, May 6, 2008
Contrarian Profits | May 6th 2008 by Contrarian Profits
U.S. Service Sector Shows Signs of Life; Morgan Stanley to Slash More Jobs; Random House to Turn the Page on Chief Executive; Countrywide Rated “Underperform”, Shares Dive; Sprint Nextel Corp. Considering Spinning Off Nextel; Warren Buffe read more
Should I Wait to Buy a Home in San Diego?
Carlsbad, Encinitas and San Diego Luxury Real Estate | May 6th 2008 by Roberta Murphy
by Roberta Murphy A Zillow questioner asks if he or she should wait to buy a home in San Diego until the market levels out. It is a question that seemed to beg an answer from me, if only because we are personally struggling with that very issue as I read more
Private builders increasingly under duress
Housing Chronicles | May 5th 2008 by Patrick Duffy
Recently I've been hearing increasing reports of subs and suppliers not getting paid by homebuilders. In the case of Barratt, it's been due to cash flow problems resulting from its longtime lender, Bank of America, declining to provide new financi read more
Analyst Suggests that BofA Dump Countrywide
Bad Paper | May 5th 2008 by bad note
Analyst Paul Miller at Friedman Billings Ramsey recommended that Bank of America walk away from its deal to acquire Countrywide Financial Corp. Miller projects that writedowns could reach $11 billion on Countrywide’s portfolio of option ARMs and $ read more
Stocks lower as Microsoft pulls Yahoo bid
verysmartinvesting | May 5th 2008 by Avi
Stocks pulled back on news that Microsoft (MSFT) pulled its bid for Yahoo (YHOO). Dow was down 89 (to 12,969), decliners ahead of advancers 3-2 & NAZ slipped 13. Volume continues to drag along, today at only 1.1B. MLPs had a good day. Their index read more
My Co-Worker Debbie’s Old-School “Keep the Change” Program
Finance Gets Personal | May 5th 2008 by Finance Girl
Back in 1999 - long before Bank of America’s Keep the Change program - my bank teller supervisor was filling us in on her sneaky snowflaking technique that worked much the same way. For every check she wrote or debit card transaction she made, read more
Dow slips below 13K
verysmartinvesting | May 5th 2008 by Avi
Dow was not able to hold 13K this AM. Dow was down 88 taking it below 13K, internals weren't too bad with decliners ahead of advancers by only 40% & NAZ was down 8. The breakup of the Yahoo (YHOO) purchase by Micrososft (MSFT) didn't help stock read more
Dollar Stays Strong
Contrarian Profits | May 3rd 2008 by Contrarian Profits
In the currency market, the dollar continued to move higher against the euro. Late Friday, the euro was trading at $1.5424 vs. $1.5457 on Thursday. read more
After early gains, stocks hold modest gains
verysmartinvesting | May 2nd 2008 by Avi
Stocks pulled back after gaining more than 100 points early in the trading day to settle with only modest gains. Dow was up 48, advancers 40% above decliners while NAZ pulled back a couple of points. Dow is at a level not seen since Jan 3, but volu read more
Countrywide Downgraded to Junk
Bad Paper | May 2nd 2008 by bad note
Standard & Poor’s lowered the debt rating of Countrywide Financial Corp to junk bond status. S&P cut its long-term rating on Countrywide Financial by 3 notches to BB+from BBB+. The short-term rating was lowered to B from A-2. S&P read more
Bank of America Mulling Options For Disposition Of Some Countrywi…
Investment Blog | May 1st 2008 by Admin
BofA Mulling Options For Disposition Of Some Countrywide Debt Last Update: 5/1/2008 9:59:53 AM DOW JONES NEWSWIRES Bank of America Corp. (BAC) said Thursday that in connection with its proposed merger with Countrywide Financial Corp. (CFC), it is eva read more
Bank of America Launches Asiana Airlines Credit Card with America…
Investment Blog | May 1st 2008 by Admin
Bank of America Launches Asiana Airlines Credit Card with American Express WILMINGTON, Del., May 1, 2008 /PRNewswire via COMTEX/ — Asiana Airlines, Bank of America, and American Express today announced the launch of the new Asiana American Expr read more
Payments and Banking Blogs
WayTooHigh.com | April 30th 2008 by ScanMyPhotos.com - Mitch Goldstone
From PaymentsNews.com, they have assembled a link to several of the most recent and favorite payments and banking blogs. Aneace’s Blog by Aneace Haddad Bankervision by James Gardner Banking Kismet by George Pasley Banking on Customers by T read more
No to Clinton-McCain Gas Tax Holiday; Yes to Permanent Interchang…
WayTooHigh.com | April 30th 2008 by ScanMyPhotos.com - Mitch Goldstone
Two of the presidential candidates jumped into the nation’s economic energy crisis today by proposing a “gas tax holiday” to save motorists money. Senator Barack Obama, was smart and chose not to side with Senator’s Clinton and McCain. read more
Stocks continue mixed
verysmartinvesting | April 29th 2008 by Avi
Stocks continue mixed afraid to make a major move ahead of the FED's meeting. Dow is down 52, decliners over advancers 3-2 & NAZ down 9. Gloomy economic news has not been able to attract sellers in a big way. Foreclosures for homes more than d read more
Baufinanzierer Countrywide mit riesigem Verlust
FinanzBlog24 | April 29th 2008
Der größte US-Baufinanzierer Countrywide hat kurz vor der Übernahme durch die Bank of America einen riesigen Verlust erwirtschaftet. Bemerkbar machten sich Abschreibungen im Volumen von gut drei Mrd. Dollar. Deshalb verbuchte Countrywide im ersten read more
Bank of America units pay nearly $10 million to resolve SEC charg…
How to Audit | April 28th 2008
Interestingly, Bank of America units paid nearly $10 million to resolve the Securities and Exchange Commissions’ charges that there were two investment advisors who favored mutual funds with ties to the firms. Talk about conflict of interest read more
Bank of America Aims to Help 265,000 Avoid Foreclosure- Forbes.co…
Foreclosure Nation | April 28th 2008
Bank of America aims to help 265,000 avoid foreclosure (AP) “Bank of America Corp. said Monday after it completes its acquisition of Countrywide Financial Corp. it will modify or workout at least $40 billion in mortgage loans over the next two read more
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