BANK OF AMERICA News, Sports, Shopping, Travel information

College Investment Fund Limits Withdrawals - Chicago Tribune
an investment fund that serves about 1,000 colleges and private schools has partially frozen withdrawals amid the credit crunch, forcing colleges to develop new plans to pay bills. wachovia bank, trustee for the $9.3 billion short term fund offered ...
www.chicagotribune.com

Nation & World Business Briefs: Thain Gets Position At bank Of America
bank of america corp. said thursday that merrill lynch & co. ceo john thain will take a new position at bank of america once the bank completes its acquisition of merrill. also: tight credit hurts manufacturers; oil falls below $94.
www.freep.com

Merrill Lynch's Thain Will Remain With bank Of America
merrill lynch ceo john thain will remain with bank of america once it completes its acquisition of merrill lynch.
www.usatoday.com

bank Of America To Lehman: Where's Our Money? - Msn Moneycentral
scores of hedge funds that had hundreds of millions in cash and other securities parked with lehman's prime brokerage operation in london have had their accounts frozen. a number of these hedge funds have filed formal objections with the bankruptcy ...
news.moneycentral.msn.com

Venezuela's State Bank Says Unaffected By Crisis - Fox News
the state-run bolivarian news agency quotes the president of banco del tesoro as saying the government's financial institutions are "well protected." cesar giral said thursday venezuela does not have any damaging external financial relationships ...
www.foxnews.com

Thain To Take Role At bank Of America
merrill lynch ’s chairman and chief executive, john a. thain, will remain at bank of america after the merger of the two financial giants, charlotte-based bank of america said in a statement thursday.
dealbook.blogs.nytimes.com

Thain To Stay At bank Of America
john thain, chief executive of merrill lynch, plans to stay at bank of america after the two merge next year, it was announced on thursday, raising speculation that he could end up running the larger group.
www.ft.com

Timeline: 2008, A Year Of Global Financial Turbulence - Reuters
(reuters) - the biggest financial crisis since the great depression nearly 80 years ago has hit the world this year. here are some key dates: january 11 - bank of america pays $4 billion for countrywide financial after the mortgage lender goes bust ...
www.reuters.com

Chronology: 2008 A Year Of Global Financial Turbulence - Reuters
(reuters) - the u.s. congress gave final approval on friday to a $700 billion bailout of the u.s. financial industry, sending the measure to president george w. bush to sign into law. the biggest financial crisis since the great depression nearly 80 ...
www.reuters.com

bank Of America Retains Merrill Lynch Ceo Thain
new york — bank of america corp. said thursday that merrill lynch & co.'s chief executive, john thain, will take a new position at bank of america once the bank completes its acquisition of merrill.
www.tennessean.com

Emcore Corporation Secures $25 Million Credit Facility With bank Of America
albuquerque, n.m. , oct. 3 /prnewswire-firstcall/ -- emcore corporation (nasdaq: emkr), a leading provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets, today announced the closing of a $25 million revolving credit facility with bank of america.
www.broadcastnewsroom.com

Venezuela's State Bank Says Unaffected By Us Financial Crisis - Minneapolis Star Tribune
caracas, venezuela - venezuela's state-owned bank says it will not be affected by the u.s. financial crisis. the state-run bolivarian news agency quotes the president of banco del tesoro as saying the government's financial institutions are "well ...
www.startribune.com

Nervous Charlotte Ponders The Future Of Wachovia - Forbes
first it was citigroup. then wells fargo. as two banks still standing amid a historic economic meltdown clash over the once strong wachovia, employees and city leaders are certain of only one thing: it's been a rough week on tryon street. "it's been ...
www.forbes.com

bank Of America Taps Thain For New Position
new york — john thain, who engineered the sale of merrill lynch & co. to bank of america corp., was picked to oversee corporate and investment banking and wealth management at the combined firms, the bank announced thursday.
www.northjersey.com

Thain Gets bank Of America Post, May Be Ceo Contender (update1)
oct. 2 (bloomberg) -- john thain , who engineered the sale of merrill lynch & co. to bank of america corp., was picked to oversee corporate and investment banking and wealth management at the combined firms, marking him as a potential successor to chief executive officer kenneth lewis .
www.bloomberg.com

Bank Deal, Bailout Vote Propel Stock Gains - Washington Post
new york (reuters) - stocks advanced on friday as wells fargo's proposed acquisition of troubled u.s. bank wachovia corp (wb.n) lifted financial shares and the house of representatives readied to a vote on a $700 billion plan to shore up financial ...
www.washingtonpost.com

Media Guilty Of Making Wall Street Execs Paper Heroes - Street.com
what a misguided little ingenue the business press maven is. if nothing else, i thought, the demise of wall street firms previously thought to be infallible will at least deter the business media from reflexively making paper heroes out of ceos for a ...
www.thestreet.com

bank Of America Makes Management Position For Merrill Lynch Ceo
bank of america corp. said thursday that merrill lynch chief executive john thain will take a new position at the bank once it finishes its acquisition of merrill.
www.thenewstribune.com

Thain To Take bank Of America Post
new york, oct. 2 (upi) -- bank of america corp. said thursday it was reserving a top position in the company for merrill lynch chairman and chief executive officer john thain.
www.upi.com

Us Bank Wachovia At The Centre Of A Tug-of-war Between Two Saviours - Guardian Unlimited
a furious bust-up broke out between several of america's biggest high-street banks today as citigroup threatened to sue its west coast rival wells fargo for muscling in on an agreed takeover of the struggling financial services group wachovia. angry ...
www.guardian.co.uk