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Thursday, December 10th, 2009

Does Bank of America Have a Secret?

July 15, 2009 by Stephen Kersey  
Filed under Business

Does Bank of America Have a Secret?

Bank of America has made a number of suspicious moves recently. According to a report in the Wall Street Journal, there may be a good reason for that — secret regulatory sanctions by the United States federal government.
In recent months, Bank of America has made a number of changes to their board of directors. According to this report, those changes were required by the secret regulatory sanction. Considering all of the overhauling taking place, this would certainly go a long ways toward explaining matters.
The secret regulatory sanctions also reported require Bank of America to take action on possible problems with …read more


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