Word: america
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...than enemies. So far, his boldest moves have to do with consumers. First of all, in February, the bank stopped charging customers overdraft fees on debit-card purchases they couldn't afford. Instead, when someone doesn't have enough money in their account to cover the purchase, Bank of America simply declines the transaction...
...loan balances of homeowners who owe more than their property is worth. Most other banks have only been willing to lower interest rates. Writing down loan balances for such "underwater" homeowners, while costly for the bank, gives borrowers more incentive to stay current on their mortgage. The Bank of America program, which has won praise from consumer advocates, could help as many as 45,000 borrowers reduce what they owe by $3 billion. "Bank of America is to be commended for launching a program to reduce principal balances on loans that are underwater," said John Taylor, head of the National...
...Bank of America employees say Moynihan has been been able to lift morale at the bank, which was battered by the financial crisis. After Bank of America struck a deal to buy Merrill Lynch in late 2008, many of Merrill's employees fled. Now some are coming back. Recently, two top Merrill veterans Todd Kaplan and Sam Chapin rejoined the firm. "When I left it was chaotic around here," says Kaplan, an executive vice chairman at Merrill. "Now the place feels like Merrill did in the 1990s. There's none of the infighting. It's terrific...
Closer to home, the traditional dichotomy between art and artifacts is also slowly beginning to break down. In just a few months, the Museum of Fine Arts in Boston (MFA) will unveil its new wing devoted to the Art of the Americas. The new wing, designed by Norman Foster, will contain over 50 new galleries spread over four floors. Visitors will begin on the ground floor with the Pre-Columbian era and work their way up until they get to the modernist masters like Jackson Pollock and Franz Kline on the top floor, alongside African-American artist Jacob Lawrence...
...secondary cast, including Gerard Butler (as Hiccup’s dad, Stoick) and America Ferrera (as tomgirl Astrid, whom Hiccup wins over), acquit themselves admirably. Perhaps the most inspired supporting performance comes from the ever-dependable Craig Ferguson, who voices Hiccup’s mentor Gobber, a character who says everything mentor characters are never supposed to say in movies, thus providing some of the film’s best laughs. At one point, when Hiccup complains how he can’t help that he wasn’t born with the beefy physique of his father, Gobber helpfully...