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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.

globaleconomicanalysis.blogspot.com/...indictments-begin-paulson.html - Preview

mish paulson bernanke lewis merrill Lynch BofA

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.

www.sri.com/...erma-micr.html - Preview

libri bofa banking history micr

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)

www.netbanker.com/...e_25_million_online_users.html - Preview

netbanker BofA

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

www.paymentsnews.com/...bank-of-ameri-2.html - Preview

wells fargo BofA

"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.