Wednesday, February 13, 2013

13-02-13 Bank of America bombshell? Not really!


The true bombshell was the 5 MB email disk that Julian Assange promised to release in January 2011.  Assange managed to publish the US State Dept cables, but when it came to Bank of America:
* All wikileaks bank accounts were frozen with no due process at all, leading to the landmark December 25, 2010 NYT editorial "Banks and Wikileaks", explaining that the truth about the banks is no longer fit to print...
* No 2 in Wikileaks defected and destroyed the Bank of America data.  
* Assange was framed on rape in Sweden
The rest is history.

Regardless, evidence of racketeering by top Bank of America officers, particularly Brian Moynihan, has been around for years. [1]  The Bank is simply above the law.
jz

LINKS:
[1] 10-05-05 Countrywide, Bank of America (NYSE:BAC), and its President Brian Moynihan - Compilation of Records - Evidence of Racketeering s

Bank of America Bombshell: Whistleblowers Reveal Orchestrated Coverup and Massive Borrower Harm

Obama promised justice to abused American homeowners. Have they gotten it?
February 12, 2013  |  
 







Editor's Note:  In his2012 State of The Union address, President Obama spoke of American homeowners abused by unscrupulous banks and financial institutions. Have they gotten justice? What follows is the first in a new series examining foreclosure settlements and the disturbing patterns of incomptency, malfeasance, and conflicts of interest which have marked their execution. Yves Smith of Naked Capitalism takes a deep dive into the mire of America's mortage industry and investigates the continued suffering of the public at the hands of greedy predators
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