Tag / Bank of America
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The Break Up
On Wednesday, November 2nd and Friday, November 4th, WashU students held events entitled “Break up with BofA,” encouraging students to get out of what they called an “unhealthy relationship” with Bank of America. The protests were led by a student from “Occupy WashU” and, for some reason, by members of Green Action. The flyers passed…
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Goldman Sachs Under Fire, BoA Lives
This morning, the Securities and Exchange Commission (SEC) formally announced fraud charges against prominent banking firm Goldman Sachs. The SEC says that Goldman Sachs neglected to disclose important details of a major sale conducted in 2007. The deal in question involved a “collateralized debt obligation”, which eventually cost investors upwards of $1 billion. Goldman Sachs…
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