Bank of America has to cough up $39 million after settling a lawsuit alleging that its Merrill Lynch brokerage arm systematically discriminated against female employees, passing them over for promotions, shutting them out of lucrative partnerships, and otherwise blocking their pathways to professional success. That…
Today in depressing housing-market news, YA author Francesca Lia Block could lose her home because the bank won't return her calls. The author of the Weetzie Bat books is underwater on her mortgage due to the recession. To make things more complicated, the mortgage is in her mom's name, and her mom is now dead. To…
Things got a little naked yesterday at what proved to be an unusually engaging iteration of Citi's Financial Services conference when three women interrupted Bank of America CEO Brian Moynihan's talk by stripping to their pink bras and shouting, "Bust up Bank of America before it busts up America."
Journalist Pete Iorizzo writes in the Albany Times Union that he and his new wife weren't able to deposit wedding checks made out to "Mr. and Mrs. Pete Iorizzo" because their local Bank of America branch couldn't accept that his wife is who she says she is. Though the newlyweds were willing to produce a marriage…
Three women have filed suit against Bank Of America/Merrill Lynch, alleging a systemic pattern of discrimination. Alas, no big surprise there.
