Bank of America

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Friday June 14, 2013 · 10:28 AM PDT

2013/06/14 · 10:28

Am I beating a dead horse? I'll let the words of a senior loan collector for BoA doing the talking,

"Using the Bank of America computer systems I saw that hundreds of customers had made their required trial payments, sent the documents requested of them, but had not received permanent modifications. I also saw records showing that Bank of America employees have told people that documents had not been received when, in fact, the computer system showed that Bank of America had received the documents. This was consistent with the instructions my colleagues and I were given. We were told to lie to customers and claim that Bank of America had not received documents it had requested, and that it had not received trial payments (when in fact it had). We were told that admitting that the bank received documents would "open a can of worms" since the bank was required to underwrite a loan modification within 30 days of receiving those documents and it did not have sufficient underwriting staff to complete the underwriting in that time.... Site leaders regularly told us that the more we delayed the HAMP modification process, the more fees Bank of America would collect. We were regularly drilled that it was our job to maximize fees for the bank by fostering and extending the lay of the ... modification process by any means we could --- this included lying to customers. For example, we were instructed by our supervisors at Bank of America to delay modifications by telling homeowners who called in at their documents were "under review," when, in fact, there had been no review or any other work done on the file."

http://www.jdsupra.com/...

Mr. Holder, is this particular fish just too big to fry?

The New York Times is trash.

soros

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Wednesday December 01, 2010 · 8:52 PM PST

2010/12/01 · 20:52

I want to start this diary off on a positive note. Listening to O'Reilly tonight. Old Finnicky Bill was chatting it up with the usual suspect Dennis Miller about why the latest wikileaks document dump was a total failure.

These two classic media clowns spent a good ten minutes asking themselves why wikileaks was such a failure. It seemed to go on forever and ever, and ever.... and ever.

After watching this segment of fox news I could have easily walked away from the TV thinking wikileaks and Julian Assange were a bunch of scam artists.

If I didn't know any better.

But I recommend you watch this gratuitous slice of real journalism about wikileaks from Democracy Now, hosted by a REAL JOURNALIST Amy Goodman.

http://www.democracynow.org/...

soros

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Thursday April 09, 2009 · 7:25 AM PDT

2009/04/09 · 07:25

Good news everybody.. American banks are safe, secure and have passed the Geithner stress test!

From Eric Dash of the NY Times.

For the last eight weeks, nearly 200 federal examiners have labored inside some of the nation’s biggest banks to determine how those institutions would hold up if the recession deepened.

What they are discovering may come as a relief to both the financial industry and the public: the banking industry, broadly speaking, seems to be in better shape than many people think, officials involved in the examinations say.

This is just awesome news.. it looks like all of the rumors about insolvents banks were just that, rumors. Probably conjured up by some evil short sellers!

soros

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Friday February 06, 2009 · 9:36 PM PST

2009/02/06 · 21:36

There's a few days left until the senate votes on their version of the stimulus bill. As reported in this diary the vote will take place monday but it's my belief that both bills from the house & the senate don't go far enough in stimulating the economy. I have a few changes and a number of amendments in mind that would make right what is wrong with the current legislation.

Poll

44 votes Show Results

We should do all of the above?

44 votes Vote Now!

We should do all of the above?

Yes, absolutely.

17 votes

Possibly, with a few changes.

16 votes

If push comes to shove I will support your cause.

1 vote

I have no objections except I would like to add a few of my own amendments

2 votes

I'm not sure this is the best course of action but I support your cause.

8 votes

A little bit of green power..

soros

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Saturday November 29, 2008 · 4:20 PM PST

2008/11/29 · 16:20

Until just recently it was a sure thing that natural gas prices were on the way up, way way up. Which made me wonder how I could best avoid blowing more $$$ on heating the house. I looked at solar power but the initial investment on the panels is huge (and quality inverters are really expensive,) and then the payoff is measured in decades, ridiculous. Maybe one day solar power will be affordable for the masses..

RSS

Bank of America

The New York Times is trash.

BREAKING: 19 Banks pass stress test!

The stimulus is not enough.

A little bit of green power..