Bank of America cutting off WikiLeaks payments: You mean Wall Street is no fan of Wikileaks?!

[Better Believe It]

Bank of America cutting off WikiLeaks payments
By Rick Rothacker
December 18, 2010

Bank of America Corp. Friday evening said it was joining other financial institutions in declining to process payments intended for WikiLeaks.

WikiLeaks has gained attention in recent months for revealing Pentagon and State Department secrets. Founder Julian Assange has also said he plans a "megaleak" involving a major bank, leading to speculation that Bank of America could be the target.

"Bank of America joins in the actions previously announced by MasterCard, PayPal, Visa Europe and others and will not process transactions of any type that we have reason to believe are intended for WikiLeaks," the bank said in a statement.

"This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments."

http://www.charlotteobserver.com/2010/12/18/1918671/bofa-cutting-off-wikileaks-payments.html

[mrdmk]

1. Banks do not have the best reputation with anyone but themselves at this moment

What more do they have to lose?

[NV Whino]

2. These guys are running scared

There's a lot of chaff in there, but you can bet there's a fair amount of wheat for these guys to react the way they have.