Bank Of America Earns $6.2B Profit, Goldman Reports Loss, Mark Cuban Says 'Tax The Hell Out Of Wall Street', Bank Transfer Day Gains Momentum, Solyndra Outrage (LINKS)

• Bank Of America Earnings Report - $6.2 Billion Profit
• GOLDMAN SACHS REPORTS HUGE LOSS, FAR WORSE THAN EXPECTED
• POLL - Two In Three New Yorkers Back Occupy Wall Street Protests
• Florida AG Pam Bondi Pressured By Targets Of Investigations To Soften Approach
• Thousands Of People Have Already Signed Up For 'Bank Transfer Day'
• One Family's Economic Nightmare
• MARK CUBAN: 'Tax The Hell Out Of Wall Street And Give It To Main Street'
• Europe braces for lost decade as $7 trillion loan crunch looms - Ambrose Evans
• More Solyndra OUTRAGE - Must Read
• Congressional Report - War profiteers defraud the U.S. of untold billions

Comments

[DailyBail]

WILMINGTON, Del. — Customer contracts figure prominently in the FBI’s criminal investigation of solar panel maker Solyndra LLC, which went bankrupt despite receipt of more than a half-billion dollars in federal loans, according to testimony on Monday.

http://www.washingtontimes.com/news/2011/oct/17/judge-denies-bid-by-government-for-solyndra-truste/

[john]

Must see.

http://www.zerohedge.com/contributed/enforce-laws-99

[DailyBail]

Thieves steal truck with President's equipment

http://poorrichards-blog.blogspot.com/2011/10/thieves-steal-truck-with-presidents.html

[DailyBail]

Cain: ‘I Have No Idea’ How My 999 Plan Would Work

http://thinkprogress.org/economy/2011/10/13/342703/cain-tax-no-idea/

[DailyBail]

Listen to Herman Cain on the campaign trail, and you’ll hear him mock President Obama’s stimulus program a dozen different ways. Cain calls the program “a waste of money” that “didn’t stimulate anything other than bigger government” and a failure. One problem with Cain’s barrage of attacks? He sat on the board of directors of American corporations that applied for and received millions in stimulus money.

http://thinkprogress.org/economy/2011/10/18/346148/herman-cain-stimulus-opponent/

[DailyBail]

I saw it last night John. Set to post.

[john]

Great!

Herman Cains' Enron

http://www.washingtonpost.com/blogs/right-turn/post/cains-enron-scandal/2011/03/29/gIQANPu9rL_blog.html

[Josie]

Just read Cuban's blog post above. Man, I agree with just about everything he said (he is very thoughtful on issues--I just assumed he was a lucky idiot), especially the student loan stuff. Student loans are a scam, jacked up by the lenders and schools in collusion with and backed by the US. It's a joke and completely unsustainable!!!

Undergrad and Grad students should ask themselves: What is my ROI if I take out loans for this particular degree?

[Harry Johnson]

bank of america has "earned" nothing. Neither have their managers. They have skimmed the earnings of honest people.

[ETM]

I have been lobbying my family hard on Bank Transfer Day. Showing them the benefits of Credit Unions (yes they DO have ATMs). I'm amazed how intellectually lazy members of my own family are. I explain how evil BofA is, and they shrug "yeah, but I would have to drive an extra half mile to get cash" WTF THIS IS WHY OUR COUNTRY IS IN THE SHITTER PEOPLE.

I 'fired' bank of america years ago. I have an account with Alliant CU now, plus an ING account. I'm considering closing the latter, but I'm on the fence. Yes, they are a big corporate bank and just got bought by Cap1. But on the other hand, they honestly haven't done anything shitty (yet).