Update from the Foreclosure-Based Economy 0
Bank of America is wondering if it will be in the next installment of Wikileaks, Pay Attention to the Men Behind the Curtains. McClatchy reports:
Meanwhile, Bank of America has cut off payments intended for WikiLeaks, spurring the group to tell customers to stop doing business with the bank. Other financial institutions that have foiled payments have faced cyberspace attacks from WikiLeaks supporters, but so far the bank doesn’t appear to be suffering ill effects.
Analysts say it’s possible WikiLeaks could stir up new trouble for the nation’s biggest bank, perhaps exposing more problems in the mortgage arena or reviving questions about its Merrill Lynch acquisition. It’s also possible the revelations cause little harm or that WikiLeaks bypasses the bank altogether.
Whatever it is, it can’t be much worse than this.
