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Facebook Said To Pick Morgan Stanley For Upcoming IPO

February 1, 2012Erik Kain

Rumors continue to swirl around Facebook’s imminent initial public offering. According to Bloomberg, the social media giant has chosen “to take the lead on its planned initial public offering, four people with knowledge of the matter said.” Facebook will file with regulators today in order to raise an initial $5 billion, though Bloomberg reports that […]

Read more at Forbes.

Bank of America, byline=E.D. Kain, Facebook, Goldman Sachs, Initial public offering, IPO, JPMorgan Chase, Michael Grimes, Morgan Stanley, Social Media, Tech

Bank of America Rethinking Controversial Debit Card Fees

October 28, 2011Erik Kain

Bank of America is reconsidering its plan to charge $5 monthly debit card fees after public outrage has caused several other large banks to drop their own plans to charge similar fees. Bank of America is reconsidering its controversial move to charge monthly debit card fees after a wave of other big banks have dropped […]

Read more at Forbes.

Bank of America, Bank of America Debit Card Fees, Business, byline=E.D. Kain, Citigroup, Consumers Union, Credit card, Debit card, Dick Durbin, Financial Regulation, Frank-Dodd, JPMorgan Chase, Leadership, Wall Street Journal, Wells Fargo

What the Bank of America Debit Card Fees Can Teach Us About Healthcare Reform

October 4, 2011Erik Kain

When Bank of America announced recently that it would begin charging its customers five dollars a month for using  their debit cards, the public outrage was palpable. The internet ignited with angry customers decrying the greed of the big banks and the stupidity of this latest attempt to “squeeze” them for every last penny. I […]

Read more at Forbes.

America Bank, byline=E.D. Kain, Customer, Debit card, Fee, JPMorgan Chase, Kevin Drum, Twitter, United States, Washington

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