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13 Jun 09
Mish's Global Economic Trend Analysis: Let the Criminal Indictments Begin: Paulson, Bernanke, Lewis
New York State Attorney General Andrew Cuomo's letter to the SEC and Senate Banking Committee on the Bank of America, Merrill Lynch Merger provides strong evidence of coercion to commit securities fraud by former Treasury Secretary Paulson and Fed Chairman Ben Bernanke, and actual securities fraud by Bank of America CEO Kenneth D. Lewis.
06 Aug 08
SRI Technology: ERMA and MICR, the Origin of Electronic Banking
In 1950, the Bank of America (then the largest bank in the world) asked SRI to assess the possibility of developing electronic computers that could take over the labor-intensive banking tasks of handling checks and balancing accounts.
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In 1950, the Bank of America (then the largest bank in the world) asked SRI to assess the possibility of
developing electronic computers that could take over the
labor-intensive banking tasks of handling checks and balancing
accounts.
16 Jun 08
Bank of America Hits Two Milestones: One Million Mobile and 25 Million Online Users (NetBanker)
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Even more interesting to me was the news that the bank has "nearly 25 million" online banking users. That's 3 million more than the bank had last fall, an impressive 13% gain. Six years ago, there weren't even 20 million online banking households in the entire country (see note 1).
15 May 08
Payments News: Bank of America, Wells Fargo Form Payment Processing Joint Venture - May 15, 2008
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"Pariter Solutions is committed to finding innovative ways to deliver core business services," said Sturgis-Griffin. "This new shared services provider will deliver high quality and enhanced payment processing capabilities that reflect significant efficiencies of scale.
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