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Bank of America stops processing WikiLeaks payments

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posted on Dec, 18 2010 @ 11:07 AM
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Bank of America stops processing WikiLeaks payments


www.rawstory.com

Bank of America Corp. has joined several other financial institutions in refusing to handle payments for WikiLeaks.

With its announcement, the Charlotte-based bank joins a fray that has ratcheted financial pressure on the website that released thousands of secret U.S. diplomatic cables, but has also prompted cyber attacks on businesses that cut ties with the activist site. The move comes as WikiLeaks says it's preparing a release of information on banks, which could include documents it says
(visit the link for the full news article)




posted on Dec, 18 2010 @ 11:07 AM
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Well here we go people, all the corporations are now beginning to politicize this and line up in defense of the United States government and the big bankers. BOA is already fearing for themselves over the revelation that come early next year they could be part of the WikiLeaks which involve American banks and they claim could “take them down”.

Obviously no pressure will be put on BOA from Americans and the United States government will not uphold any contracts from BOA which might make this illegal.

It is about time we start taking these banks down.

www.rawstory.com
(visit the link for the full news article)



posted on Dec, 18 2010 @ 11:20 AM
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reply to post by Misoir
 


from the link:



"We ask that all people who love freedom close out their accounts at Bank of America," WikiLeaks said in its posting Saturday. It also called on businesses to switch funds from the bank.



Could all of this be a grand scheme for the banks to actually save face in the economic collapse? Try and blame closings and deficits on the people for a boycott? And wasn't there some group trying to promote a bank run for Dec. 7th? Are these events being used to attempt to mask the collapse so that the people will be blamed for the demise that may already be in progress?



posted on Dec, 18 2010 @ 11:21 AM
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heh...alot of banks will probably decide not to do business with wikileaks considering their next drop will be slamming the banks.


Appears there is already a thread on this here
edit on 18-12-2010 by SaturnFX because: (no reason given)



posted on Dec, 18 2010 @ 11:25 AM
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reply to post by Alethea
 


I doubt many people will be moving their money out of BOA because of this (if any at all).

Its just a call to arms by wikileaks. We all know americans dont "love freedom" enough to actually DO anything about it. Unfortunately, mr. Assange doesnt know this.

Actually he probably does. HE KNOWS ALL



posted on Dec, 18 2010 @ 11:26 AM
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reply to post by Misoir
 


BOA is being really stupid or, as another poster mentioned, useing it as an excuse..

They can only lose customers by taking a stand like this..
Wiki has NOT been charged with any crimes so BOA will face action if they withold any monies..

I just wish wiki would release all the info NOW..
Why wait??



posted on Dec, 18 2010 @ 11:40 AM
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reply to post by Misoir
 


from the OP link...
it appears that other money & payment providers are opting to Not Service WikiLeaks...


Other Internet companies and financial institutions_ including
MasterCard Inc.,
Visa Inc.,
PayPal Inc.
and Amazon.com —
have also cut ties with WikiLeaks, hurting the site's ability to accept donations and support publishing efforts


BoA is the only 'bank' among those boycotting financial service to WikiLeak...
that ability by the BoA processing department is rather sobering...
for instance BoA might just have a notion to suspend the electronic transfer of
Tax Refunds into personal accounts, for whatever reason they have.

I thought banks needed a Court Order to interfere with interstate commerce,
where as entities like credit card companies, pay-pals or western unions have a right to
modify or accept/deny commerce traffic



posted on Dec, 18 2010 @ 04:36 PM
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Wasn't BoA just busted for sending out foreclosures without actually checking if they were valid?

Did that story just fall off the page?


edit on 18-12-2010 by zorgon because: (no reason given)




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