Bank of America: Bad for America

Bank of America: Bad for America

How much did the Bank of America contribute to the housing crisis and what has changed since the firm received bailout money? Not much.


Now that the Bank of America has received bailout money to remain in business, a Brave New Films investigation reveals it has yet to relay the money to customers carrying the burden of the economic collapse. Through predatory lending, the Bank of America successfully reaped profits and contributed to the mortgage crisis. Since the bubble burst, however, the Bank’s extensive private jet fleet as well as high CEO compensation packages have remained in place. In this short film, former employees as well as customers shed light on the cause and effect of business at the bank.

Gabriela Resto-Montero

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