![]() * Bank of America is the second largest US bank and operates more than 5,700 branch locations. * Bank of America has been sued by the New York State Attorney General for multiple instances of improper mutual fund trading, including the most costly trading scandal to date, which the company settled for $675 million. * Bank of America claims to enrich communities with its nationwide reach, but its acquisition of MBNA, the country's third-largest credit card company, has raised concerns about continued predatory lending and soaring interest rates due to stifled competition. * Bank of America is one of the largest investors in coal and coal fired power, which is responsible for nearly a third of the nation's CO2 emissions, and also funds surface coal mining.
It's time California force these monsters to clean up their act.
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