Here's something those newly evicted Occupy protesters can do with themselves. This evening, bitter folks will gather around Bank of America in San Francisco to protest the bank's three-day loan modification customer outreach event. Specifically, the "struggling families," aka protesters, will be th ... More >>
Sometimes it's hard to decide which is worse -- insurance companies, banks, or just the 1 percent. Today, banks win.We just learned that banking giants charge Americans anywhere from $84 to $144 every year just to maintain a bank account, according to a report from the California Reinvestment ... More >>
Since Occupy Bernal has proven to be the only local Occupy group to actually get shit done, homeowners in Noe Valley went ahead and formed a similar movement, riffing off Bernal's model of not occupying.In other words, no tents necessary.Tomorrow, Occupy Noe will start collecting signatures at the N ... More >>
One of the worst parts of going through a foreclosure is the sense of helplessness. There's a lot of waiting and hoping and let-me-transfer-you-over run-arounds. The process feels closed and distant, marked by indifferent operators and vague brief loan modification denial letters. Yesterday the Cal ... More >>
In a feature story last month, "The Dispossessed," we wrote about a Bayview homeowner named Geary Brown who was on the verge of getting evicted.He had been foreclosed on after he missed several mortgage payments while seeking to modify his loan.Bank of America, which owned his mortgage, had put his ... More >>
If public transportation is part of your daily routine, chances are you've already heard a few ditties from Occupella, the group known for riffing off traditional American folk songs to make them 99 percent unique. But tomorrow, the ensemble will take a break from its cavernous stage at th ... More >>
In mid-April, police shut down Market and Montgomery in the middle of the day after a suspicious electronic device was discovered in the Bank of America at 33 New Montgomery.San Francisco Police Lt. Simon Silverman told SF Weekly at the time that bank employees found a curious item the size of ... More >>
Occupy Wall Street, Occupy Bank of America, Occupy San Francisco -- now occupy your diet, too. Today is Occupy Our Food Supply Day, a nationwide series of actions and articles hoping to raise awareness about how corporate interests have taken over the world's food supply. As Anna Moore Lappé and ... More >>
Courtesy of occupybernal.orgWild takes on a whole new meaning when you are 80Last week we regaled readers with a story about a small group of seniors who successfully shut down a Bank of America in Bernal Heights -- a tale that seems to have re-energized San Francisco's Occupy movement. Since the ... More >>
What some healthy and spry Occupy Movements across the nation couldn't quite accomplish, San Francisco geriatrics have! KCBS reports that a small group of senior citizens between the ages of 69 and 82 successfully shut down a Bank of America in Bernal Heights on Thursday with nothing more than wa ... More >>
Another forclosureAnother dwelling was foreclosed on in the city's Financial District yesterday: An Occupy SF tent. The tent that was erected yesterday inside Bank of America where dozens of protesters stormed as they marched through downtown is now up for sale on ebay.Seriously, if you really wa ... More >>
Ellen HuetUpdate (4:05 p.m.): Protesters are being led out of Bank of America in handcuffs amid cheers from supporters around. Update (3:15 p.m): SF Weekly's Ellen Huet is at the scene and tells us that about 50 protesters set up a tent inside the Bank of America on California Street. Police are ... More >>
In what could be the first practical request by the Occupy Movement yet, protesters are asking everyone across the nation to take part in the "Move Your Money Day" tomorrow and divert their investments from big banks. It might seem ambitious, but considering how the mass exodus of customers from ... More >>
In yet another possible sign that hacking is the most popular pastime among antisocial American youth since Magic: The Gathering, the Bank of America website is experiencing technical difficulties that some are speculating could be part of a reprisal for its announcement of a new fee on debit-car ... More >>
12 days, plus interest Today marks the 12th day of the Occupy Wall Street protests in New York City -- and unlike BART protests, there's no sign that this demonstration is dying down. In fact, it's spreading -- all the way to the West Coast, where California is suffering from a staggering 12 perc ... More >>
What did Doreen Wu Ho Know About Tommy Wu? And When Did She Know It?Earlier this month, Mayor Ed Lee appointed a new port commissioner, which raised many eyebrows here, given that Doreen Woo Ho was a top official at the failed United Commercial Bank. In November 2011, United Commercial Bank was s ... More >>
Buster PoseyBank of America isn't always a favorite among those on the political left. (Or on the right.) But Buster Posey is -- at least in San Francisco, where the baby-faced Giants catcher is revered by fans for his role in the team's 2010 World Series win. Posey's hitting helped propel the Gi ... More >>
How a wannabe banking magnate from S.F. built an empire on deception.
Hope you've got room in there for the billions you owe Californians...The office of Attorney General Jerry Brown announced today that Wells Fargo has agreed in a settlement to offer home-loan modifications worth $2 billion, and will also pay $32 million in restitution to borrowers who lost their ... More >>
Not our man...San Francisco Police and the FBI are claiming that 43-year-old Jacob Peter Schildgren, arrested yesterday shortly after allegedly knocking over a Bank of America armed only with a "gray plastic bag," is the "Scarf Bandit" responsible for three BofA heists. A teller says Schild ... More >>
Working for Examiner.com, you'd be lucky to come into $200 anywayA self-professed "examiner" of government officials could do worse than spending a little time in jail. Hell, we've had our share of elected officials doing time in the clink. But the real lesson of Examiner.com's "SF Government Exa ... More >>
Police believe they've nabbed this sartorially gifted bank robberA woman who knocked over a pair of San Francisco banks while decked out in knockout attire that caught the eyes of witnesses has purportedly been arrested, San Francisco and Daly City cops report. The woman -- whose name has not yet ... More >>
Anthony Gardenal, who demonstratively exited his assisted living facility on SaturdayAnthony Gardenal, the 73-year-old dementia patient who went missing from his Mission District assisted care facility on Saturday, is still missing. According to staff at the Araville Residential Care Home at 1506 ... More >>
Yesterday we reported on a bank robber who -- counter-intuitively for someone who is pulling a gun and breaking the law -- was wearing open-toed shoes and dressed so distinctively that witnesses at two San Francisco banks were able to describe her appearance from head to toe. Now we've got some pict ... More >>
On Friday, July 17 The Snitch warned readers that an advertisement published in the previous Sunday's San Francisco Chronicle seemed intended to lure mom-and-pop investors into possible financial disaster.News headlines Monday suggest our warning was valid. Advanta Corp., a bank holding company s ... More >>
Don't worry, hypothetical Michigan Tech alum Chris L. Martin! Dennis Herrera has got your back.When Minnesota Attorney General Lori Swanson hogged credit last month for attacking a loophole companies use to prevent consumer lawsuits, observers said San Francisco City Attorney Dennis Herrera was g ... More >>
Banking experts qualify the service being hawked in this San Francisco Chronicle ad as a potential Ponzi schemeReaders skimming the ads on page D-2 of the Sunday, July 12 San Francisco Chronicle might have been surprised to see an extraordinary investment opportunity in a quarter-page advertisement ... More >>
Joyce GoldschmidWarren Hellman, banjo messiah? With just a half-year to go before Golden Gate Park's Hardly Strictly Bluegrass festival, free-concert backer Warren Hellman is combing the wreckage of the global financial collapse, seeking to augment the fortune that keeps his massive three-day music ... More >>
Will the last vestige of government to leave please lower the flag?Scandal-plagued regional bank regulators' headquarters have been moved from South San Francisco to Dallas, suggesting the Bay Area is simply too corrupt and incompetent a site for serious watchdogs. Last month, the director of the Of ... More >>
How Federal Home Loan Banks and their execs exacerbated the banking meltdown.
An investigator who exposed dishonest savings and loan regulators in the '80s re-encounters an old rival in the latest banking crisis.
Office of Thrift Supervision Darrel Dochow Darrel Dochow, the banking regulator found to have allowed IndyMac Bank to falsify financial records just before the Southern California lender collapsed last summer, confirmed in an e-mail that he will resign his post in March. In his resignation le ... More >>
If you're out this weekend and you encounter a swarm of tanned suits calling each other mate, it might just be the National Australia Bank executives on holiday attending an all-expense-paid leadership conference in San Francisco.According to the Australian publication Business ... More >>
How U.S. financial firms -- including Bank of America -- allegedly abetted a multibillion-dollar fraud, and how U.S. regulators are letting them get away with it
JP Morgan Chase Building
To work against terrorism, new money-laundering laws will have to be enforced in the world headquarters of cash-washing: the U.S. of A.
How a supervisor with just $42,500 in income services $1 million in mortgages
Hometown thieves we'll tolerate, but not southern sexists
City pension fund could back bonds
The city and state say the Bank of America stole hundreds of millions -- even billions -- of dollars from the government. But didn't San Francisco finance officials know what was going on? And shouldn't B of A executives be under criminal investigation?