In March, Bank of America (BoA) filed a patent application titled “System and Method for Wire Transfers Using Cryptocurrency .” The application was published on September 17 by the U.S. Patents and Trademarks Office.
Bank of America will begin charging customers a $5 monthly fee in 2012 to use their debit cards for purchases.
There is widespread hostility toward new fees charged by some of the nation’s largest banks and Community banks and credit unions are moving quickly to take advantage of that.
U.S. Postmaster General Patrick Donahue
U.S. Postmaster General Patrick Donahue prepares to testify at Senate hearing on the the U.S. Postal Service’s fiscal crisis on Sept. 6 Senate. The postal service’s 7,500 job cuts announced in March rank No. 5 on outplacement consultancy Challenger, Gray & Christmas’s list of 2011 announced workforce reductions.
WikiLeaks certainly has powerful cyber-supporters.
Just one day after the LulzSec hacking group announced its retirement after a 50-day stint, it appears that hackers with the Anonymous group have picked up from where they left off by attacking the MasterCard website in protest of the WikiLeaks blockade.
Earlier today, Twitter user @ibomhacktivist tweeted a message saying that MasterCard.com was down. The hacker said “that’s what you get when you mess with @wikileaks and @Anon_Central.”
Freddie Mac received $50.7 billion in government bailout funds
How much does the public value corporate leadership? Harris Interactive’s latest corporate reputation survey, which measures how Americans view some of the world’s largest companies, suggests that a firm’s brand is even more closely tied to its leadership than many would assume.
Where’d the bailout money go? $350 billion later, banks won’t say how they’re spending it.