MedWorm provides a medical RSS filtering service. Over 6000 RSS medical sources are combined and output via different filters. This feed contains the latest medical blog items that have been tagged with 'bank of america'. Sat, 03 Sep 2011 02:50:11 +0100 http://www.medworm.com/index.php?rid=4684410&cid=t_140893_106_f&fid=34805&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FAwfulPlasticSurgery%2F%7E3%2FRYPKscnsfvs%2F This is completely off topic,... [[ This is a content summary only. Visit MyWebsite.com for full links, other content, and more! ]] (Source: Awful Plastic Surgery) Awful Plastic Surgery blogs http://www.medworm.com/rss/comments.php?id=4684410 Thu, 07 Apr 2011 02:42:36 +0100 4684410 http://www.medworm.com/index.php?rid=4272501&cid=t_140893_136_f&fid=37852&url=http%3A%2F%2Fdonnatrussell.com%2F2010%2F12%2F20%2Fjulian-assange-and-bank-of-america-sit-down-for-tea%2F New cartoon by Trussell & Trussell on Politics Daily. Julian Assange and Bank of America Sit Down for Tea. And by the way, your smart phone just got stupid. Filed under: Politics Tagged: bank of america, banks, julian assange, wikileaks (Source: Donna Trussell) Donna Trussell blogs http://www.medworm.com/rss/comments.php?id=4272501 Mon, 20 Dec 2010 15:40:38 +0100 4272501 http://www.medworm.com/index.php?rid=3632260&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2Fxc77Kl2VykU%2F By Mark A. CalabriaAn insightful op-ed in yesterday’s Financial Times by Raghu Rajan (who will be presenting his latest book soon here at Cato), apparently was too much for Paul Krugman to bear.  What was Rajan’s great crime that so upset Krugman?  Rajan, correctly, pointed out that US policies, such as Fannie Mae and the Community Re-investment Act, were direct contributors to the financial crisis and that bankers shouldn’t be blamed for simply reacting to perverse government incentives. Now Krugman cannot bear to see CRA and Fannie questioned.  He claims that Rajan is relying on some blind faith that has been disproven by all thinking people.  Krugman offers two points (his supposed “facts”) that prove Fannie Mae and CRA are innocent. First, he argues t... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3632260 Fri, 04 Jun 2010 18:30:13 +0100 3632260 http://www.medworm.com/index.php?rid=3538076&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F5P7uroEV4wg%2F By Mark A. CalabriaWhen it comes to banking policy, there are few people I respect more than Jonathan Macey and Arnold Kling; so when these two, independently, argue that we should be breaking up the largest banks, it is idea that merits consideration.  Yet I still have my doubts. First, lets start with what we are fairly certain of.  There is a large empirical literature that suggest most US mega-banks are beyond their efficient size.  There is a good survey of the literature by former Fed Economist Allen Berger .  So, at a minimum, the academic literature suggests the largest banks are beyond a size that is justified by the social benefits. However, there is also a small literature that suggests more concentrated banking systems are more stable, and less prone to crisis.  Some of t... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3538076 Wed, 05 May 2010 18:30:52 +0100 3538076 http://www.medworm.com/index.php?rid=2977273&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F8Zy8En-qHt4%2F On its front page today, the Washington Times reports that expanded powers for the Federal Reserve are being opposed by “odd allies.”  The Fed’s imperial over-reach for additional regulatory powers is being opposed by Democrats and Republicans, and liberals and conservatives alike.  As well it should be.  As Senator Shelby observed, “Anointing the Fed as the systemic-risk regulator will make what has proven to be a bad bank regulator even worse.” The regulation of financial services failed conspicuously to prevent the worst financial crisis since the Great Depression.  The Fed failed most conspicuously as it was charged with oversight of all the major banks, including notably Citigroup and Bank of America. Bank regulation now functions to insulate banks f... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2977273 Mon, 09 Nov 2009 17:28:21 +0100 2977273 http://www.medworm.com/index.php?rid=2916081&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FziYjmUwKyB8%2F According to reports, executives from bailed out companies Citigroup, Bank of America, GM, Chrysler, GMAC, Chrysler Financial and AIG are going to see major pay cuts this year, which will be enforced by the president’s “pay czar,” Kenneth R. Feinberg. WaPo: NEW YORK — The Obama administration plans to order companies that have received exceptionally large amounts of bailout money from the government to slash compensation for their highest-paid executives by about half on average, according to people familiar with the long-awaited decision. The administration will also curtail many corporate perks, including the use of corporate jets for personal travel, chauffeured drivers and country club fee reimbursement, people familiar with the matter have said. Individual per... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2916081 Thu, 22 Oct 2009 14:30:50 +0100 2916081 http://www.medworm.com/index.php?rid=2570385&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FRXqlqo8xVqY%2F Technically, it was the companies which raised their fees.  But they did so to anticipate new legislative restrictions on fees taking effect.  Congress wanted to cut costs for consumers, but ended up costing them instead. Reports the Washington Post: Credit card companies are raising interest rates and fees seven months before new rules go into effect that will limit their ability to do so, much to the irritation of Congress and consumer advocates. Chase, for instance, will raise the minimum payment required of some of its customers from 2 percent to 5 percent of the statement balance starting in August. Chase and Discover have increased the maximum fee charged for transferring a balance to the card to 5 percent of the amount, up from 3 and 4 percent, respectively. Bank of America last ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2570385 Thu, 02 Jul 2009 13:22:23 +0100 2570385 http://www.medworm.com/index.php?rid=2473197&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FbblJhOh0tG8%2F Thursday, the House Committee on Oversight and Government Reform questioned Ken Lewis about Bank of America’s purchase of Merrill Lynch and the subsequent injection of tens of billions of taxpayer funds into Bank of America. While much of the hearing focused on Lewis’ leadership of Bank of America, the hearing also touched upon the more important questions of government regulators pressuring BoA to purchase Merrill even after BoA realized that Merrill’s losses were greater than expected. One of the basic tenets of sound regulation, exercised in the public interest, is that regulators remain at “arm’s length” from the entities they regulate. As defined by Black’s Law Dictionary, “arm’s length” relates to “dealings between two parties who are not related or not ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2473197 Fri, 12 Jun 2009 18:00:10 +0100 2473197 http://www.medworm.com/index.php?rid=2364923&cid=t_140893_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FMX9DiBhDkbQ%2F I happen to own shares in Bank of America, so I’ve just received a proxy statement for the upcoming annual meeting. The Board of Directors recommends that I authorize them to vote my shares FOR an uncontested slate of candidates for the board. Usually I go along with such proxy requests. But this time I thought: Why should these people get something like $250,000 a year to take orders from President Obama and Secretary Geithner? It’s become pretty clear that the Obama administration intends to use the bailout money to control private companies. He intends to tell companies what cars to make, how much to lend, how much to charge for credit cards, what to pay their executives, what kinds of bonuses are acceptable, and other crucial management decisions. So I decided to write in ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2364923 Thu, 23 Apr 2009 20:56:00 +0100 2364923 http://www.medworm.com/index.php?rid=808630&cid=t_140893_87_f&fid=34867&url=http%3A%2F%2Fwww.thediabetesblog.com%2F2007%2F08%2F19%2Fsix-hours-locked-in-a-bank%2F Filed under: Type 1, Type 2, Daily NewsIn a case of stunning ineptitude, staff at an Orange County branch of Bank of America locked in an elderly diabetic woman after closing at the end of the day on Wednesday. The woman, Marian R. Prescher (73), went to the bank late Wednesday to access the contents of a storage box she keeps there. The bank shut up shop at 6 p.m., and employees apparently forgot to check the private room that she was in before leaving.Around that time - I'm not clear on whether it was before she was locked in or perhaps as a result of being locked in - Prescher's blood sugar dropped into the danger zone. Fortunately, Prescher was discovered around midnight by a cleaning crew, whose members found her in diabetic shock - "unconscious and cold to the touch," according to a ... The Diabetes Blog blogs http://www.medworm.com/rss/comments.php?id=808630 Sun, 19 Aug 2007 04:00:00 +0100 808630