What Are the Crimes of the Big Banks? (BofA)

THE CRIMES OF BANK OF AMERICA:

  1. America’s largest bank and 5th largest corporation pays less taxes than the average American household.  (http://USuncut.org/)
  2. Used federal bailout money (aka, your tax dollars) to give employees million-dollar bonuses.  (http://www.nytimes.com/2009/07/31/business/31pay.html)
  3. Has manipulated debit card transactions to maximize fees. (http://www.nytimes.com/2011/05/24/business/24bank.html)
  4. Supports the predatory payday loan industry. (http://npa-us.org/)
  5. Is responsible for one in five home loans, but has a record of giving false information to struggling homeowners.  (http://www.nytimes.com/2010/12/18/business/18mortgage.html)
  6. Denies or cancels loan modifications for the vast majority of eligible borrowers trying to keep their homes, despite participation in the Home Affordable Modification Program (HAMP). (http://www.huffingtonpost.com/gordon-whitman/bank-of-america_b_1034222.html)
  7. Continually faces lawsuits for their deceptive and/or illegal practices; to date, BofA has paid over one billion dollars in settlements to investors and to state and federal authorities. (http://www.peaceandjustice.org/programs/Tour_Of_Shame/)
  8. Average salary for BofA teller: $22,556 yearly.  Salary and bonuses of B of A CEO Brian Moynihan in 2010: Ten million dollars.  (www.glassdoor.com)
LOS CRÍMENES DE BANK OF AMERICA
  1. El banco mas grande y la quinta mas grande de las corporaciones en EEUU pago menos impuestos que el pormedio de estado unidenses.
  2. Uso dinero bailout federal (aka, tus impuestos) para dar bonus de multi-millones de dolares.
  3. Ha manipulado transacciones de las tarjetas debitas para maximar cobras.
  4. Apoya a la industria predatoria del prestamos del cheque.
  5. Tiene uno en cinco del prestamos de casa, pero da informacion equibocada a duenos de casas luchadores.
  6. Nega o cancela modificaciones del prestamos para la mayoria del prestatarios que tienen derecho y estan probando de retener sus hogares, aunque participan en la programa Home Affordable Modification Program (HAMP).
  7. Siempre enfrenta acciones para practicas deceptivas o ilegal.  Asta ahora, ha pagado mas que un billon de dolares a sus inversores y autoridades del gobiernos.
  8. Pagan pormedio a sus cajeros $22,556 cada ano.  Salario mas bonificacion a el gerente general:  $10,000,000.

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