The Bank Of America: Too Crooked To Fail
Matt Taibbi
Taibbi: $9 Billion Whistle Blower At JPMorgan. Financial Thuggery At The Top
Taibbi: $9 Billion Whistle Blower At JPMorgan. Financial Thuggery At The Top
The Bank Of America: Too Crooked To Fail
Matt Taibbi
Federal Reserve Bank Investigator Carmen Segarra Fired For Holding Banks Responsible
Federal Reserve Bank Investigator Carmen Segarra Fired For Holding Banks Responsible
Pope Francis: "This Economy Kills"
Bank of America helped its clients avoid taxes. "Bank of America Corp. for years used its government-backed U.S. banking subsidiary to finance billions of dollars in controversial trades that helped hedge funds and other clients avoid taxes, according to internal documents and people familiar with the matter. The bank last year quietly started phasing out the practice of using funds from its U.S. banking unit to finance transactions by its European investment-banking arm that, among other things, helped hedge funds avoid taxes on stock dividends, according to the documents and people. The practice has ended, according to a bank spokesman." Jenny Strasburg in The Wall Street Journal.
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