Spirit of America Bookstore

Bank  of  America,  N.T. & S.A.
[est. 1904]

and  NationsBank  [1874-1998]

Bank of America Corporate Center headquarters building in Charlotte, NC              short history

Bank of Italy [1904-1930]

Bank of America, Los Angeles [1923-1928]

Bank of America [renamed 1930]

NationsBank [1874-98]

Merrill Lynch [1914-2008

executives

movies, plays, other media

image gallery

links

             Bank of America Corporate Center headquarters building in Charlotte, NC - lit up at night in team colors for NFL Carolina Panthers football game             


“Men called bankers we shall hate, for they enrich themselves while doing nothing.”
Greek philosopher Aristotle [384-322 B.C.E.], in his "Politics"

"Bank of America is NOT too damn big to fail!"


          short history
          t e x t
          h e r e
Today's Bank of America is the second-largest bank in the United States, the result of a takeover/merger with NationsBank in 1998.

Bank of America entry at Wikipedia
browse books xxx catalog at Amazon.com
somebody credits [] at Internet Movie Database



The  Bank  of  Italy  [1904-1930]
http://en.wikipedia.org/wiki/Bank_of_Italy_(United_States)

"American Madness" [Columbia Aug 1932]
American Madness movie directed by Frank Capra  While under pressure to sell out to a larger bank, a small-town banker has to deal with a robbery, a loyal employee accused of the theft, a disloyal employee with a large gambling debt, and an unfaithful wife – plus a run on his bank by depositors • Directed by Frank Capra [1897-1991]; script by Robert Riskin (said to be based on A.P. Giannini and his Bank of Italy); starring Walter Huston, Pat O'Brien, Kay Johnson, Constance Cummings, Gavin Gordon, Sterling Holloway & Charley Grapewin • full credits from IMDb • movie entry at Wikipedia
Sony Mod b&w Blu-ray [5/2020] for $22.99
Sony b&w BD-R DVD [10/2011] for $18.93
Sony b&w VHS [6/97] out of prodn/used
"Six Screen Plays by Robert Riskin" [1997] Edited by Patrick McGilligan
the other 5 scripts written for Capra are "Platinum Blonde" [1931], "It Happened One Night" [1934], "Mr. Deeds Goes To Town" [1936], "Lost Horizon" [1937], and "Meet John Doe" [1941]
Univ California Press 9¼x6¼ pb [4/97] for $49.38
Univ California Press 9½x6½ hardcover [4/97] for $74.74

Gentle Giant commemorative biography by Fred Yeates  "The Gentle Giant: Commemorating The Fiftieth Anniversary of The Founding of Bank of America N.T. & S.A." [1954] by Fred Yeates
title refers not to the bank, but to founder A.P. Giannini [1870-1949]
Hassell Street Press 9¼x6 pb [9/2021] for $14.95
Hassell Street Press 9¼x6 hardcover [9/2021] for $25.95
Presentation Edition hardcover [1954] out of print/scarce
Building The Bank of America book by Paul Rink  "Building The Bank of America: A.P. Giannini" [1963] by Paul Rink
"Modern banking in the United States owes its present character primarily to one man, A.P. Giannini"
Encyclopaedia Britannica Press hardcover [1963] for $122.05 {sic}
A.P. Giannini and the Bank of America book by Gerald D. Nash  "A.P. Giannini and The Bank of America (Oklahoma Western Biographies)" [1992]
by historian Gerald D. Nash

The engaging and often enthralling story of how Giannini guided a small San Francisco savings bank that catered to immigrants into becoming a multinational financial institution
Univ of Oklahoma Press 9x6 hardcover [9/92] for $62.83

"A.P. Giannini: Banker of America [Nov 19, 1994] by Felice A. Bonadio
http://www.amazon.com/P-Giannini-Banker-America/dp/0520082494/

"A.P. Giannini: The Man with the Midas Touch [Jul 24, 2009] by Dana Haight Cattani , Angela B. Haight , et al. |
http://www.amazon.com/P-Giannini-Midas-Touch/dp/143895493X/

"A.P. Giannini, The People's Banker [Oct 2, 2017] by Francesca Valente
http://www.amazon.com/P-Giannini-Peoples-Banker/dp/1947431048/
http://www.amazon.com/P-Giannini-Banchiere-Tutti-Italian/dp/1947431226/ italian

"The Huckster: AP Giannini puts banking at the service of the common people. [Oct 27, 2020] by Nazzareno Rossetti
http://www.amazon.com/Huckster-Giannini-banking-service-people/dp/B08M83XCHW/

"The Gentleman Banker: Amadeo Peter Giannini: A Biographical Novel [Jan 4, 2022] by Giorgio A Chiarva
http://www.amazon.com/Gentleman-Banker-Amadeo-Giannini-Biographical/dp/B09NGXTL4L/

"The Innovation Stack (Penguin, 2020) by Jim McKelvey
Giannini's life and his many innovations in banking figure prominently


The  Bank  of  America,  Los  Angeles  [1923-1928]
http://en.wikipedia.org/wiki/Bank_of_America,_Los_Angeles
http://en.wikipedia.org/wiki/Orra_E._Monnette
Orra Eugene Monnette [1873-1936] used proceeds from his father's silver mine to merge several Los Angeles banks from 1908 to 1911, forming Citizens Bank & Trust Company; he left that company in 1922 and formed Bank of America, Los Angeles at the corner of Wilshire Blvd. and Western Avenue in Los Angeles. He and Giannini were considering various deals, when both realized that the economy was in trouble; Bank of Italy purchased Bank of America, Los Angeles in 1928 and changed its name in 1930.


Bank of America [est. 1904] logo from 1980 to 1998        Bank of America [est. 1904] logo from 1998 to 2018
The  Bank  of  America, N.T. & S.A.  [founded 1904, renamed 1930]
founded in San Francisco as the Bank of Italy; merger/name change 1928; merged in 1998 with Nations Bank [1874-1998],
sold the BofA building in San Francisco, and consolidated HQ operations in Charlotte, NC.
http://en.wikipedia.org/wiki/Bank_of_America

The Story of Bank of America book by Marquis James & Bessie R. James  "Biography of A Bank: The Story of Bank of America N.T. & S.A." [1954]
by Pulitzer Prize-winner Marquis James & wife Bessie Rowland James

Highlights the history of the Bank of Italy and its founder and moving spirit A.P. Giannini [1870-1949], the merger with Bank of America, Los Angeles in 1928, and expansion nationwide thru 1945
Harper & Row hardcover [1954] out of print/used
The Decline of BankAmerica book by Gary Hector  "Breaking the Bank: The Decline of BankAmerica" [1988] by Gary Hector
Hector's book educates us in the factors that mark success or failure in bank management; sources for the early Giannini years are printed material, for the latter two-thirds of the book, his sources are 200 taped interviews
Little Brown & Co. pb [8/89] out of print/used
Little Brown & Co. hardcover [7/88] out of print/used
Roller Coaster / Bank of America book by Moira Johnston  "Roller Coaster: The Bank of America and The Future of American Banking" [1990]
by Moira Johnston

Traces Bank of America's history, from its rise during the Third World debt crisis, to its decline, and then to its rebirth in the hands of Tom Clausen
Ticknor & Fields 9½x6½ hardcover [8/90] for $16.00
Ticknor & Fields hardcover [8/90] out of print/used
Tumultuous History of Bank of America book by Moira Johnston   "The Tumultuous History of The Bank of America, Illustrated" [2000]
by Moira Johnston

author portrays the bank's decline as an undetected malady that ravaged the corporate entity and analyzes its amazing partial revival under Tom Clausen - the story of a corporate culture that failed to respond to change
Beard Books 9x6 pb [12/2000] for $30.51
60 Minutes Bank of America segment with Lesley Stahl  "60 Minutes: Bank of America" [aired 19 Oct 2008]
Season 41, Episode 4 of "60 Minutes": TV reporter Lesley Stahl interviews bankers Kenneth Lewis (CEO, Bank of America) and Hugh McColl Jr. (former CEO, Bank of America) about the federal government coming to the aid of America's biggest banks; other segments were "Blood Brothers", "Combat In Afghanistan", and "Andy Rooney" • credits at IMDb
available on DVD on the 5-episode "60 Minutes" compilation below
watch full 10/2008 segment [12:02] online at YouTube
Crash of The Titans / Bank of America book by Greg Farrell  "Crash of The Titans: Greed, Hubris, The Fall of Merrill Lynch, and The Near-Collapse of Bank of America" [2010] by Greg Farrell
A Shakespearean saga of three flawed masters of the universe, based on unparalleled sources at both Merrill Lynch and Bank of America. First is E. Stanley O’Neal, who engineered a successful turnaround but was undone by allowing a smooth-talking salesman to build up an astonishing $30 billion position in CDOs (collateralized debt obligations) on the firm’s balance sheet, at a time when all other Wall Street firms were desperately trying to exit that business. Then cerebral, MIT-educated technocrat John Thain was hired in late 2007 to save Merrill Lynch, but his belief that the markets would rebound led him to underestimate the depth of Merrill’s problems. Third is Bank of America CEO Ken Lewis, who was forced into making a $50 billion commitment over a September weekend to buy a business that he really didn’t understand, thus jeopardizing his own institution.
Kindle Edition from Currency [11/2010] for $13.99
Currency 8x5¼ pb [9/2011] for $17.00
Crown Business 9½x6½ deckle-edge hardcover [11/2010] for $30.00



Nations Bank [1874-1998] - Charlotte, NC
began as Commercial National Bank [est. 1874] and American Trust Company [est. 1909]; Nations Bank was formed by multiple mergers in 1991;
purchased BankAmerica in 1998, named the merged company Bank of America Corp.
http://en.wikipedia.org/wiki/NationsBank

The Story of NationsBank book by Howard E. Covington Jr. & Marion A. Ellis  "The Story of NationsBank: Changing The Face of American Banking" [1993]
by Howard E. Covington Jr. & Marion A. Ellis, Foreword by L. William Seidman

a fascinating account of a nontraditional financial institution as it became the fourth-largest
bank in the country

Univ North Carolina at Chapel Hill 9x6 pb [2/2001] for $61.76 {sic}
Univ North Carolina at Chapel Hill 9½x6½ hardcover [7/93] out of print/used

Commercial National Bank [est. 1874]

American Trust Company [est. 1909];


logo for Merrill Lynch investment bank until 2008        logo for Merrill - Bank of America after 2008
Merrill Lynch & Co. investment bank [1914-2008]
Merrill - officially Merrill Lynch, Pierce, Fenner & Smith, Inc. [purch by Bank of America 9/2008]
official website • entry at Wikipedia

'Breaking The Bank' 2009 episode of P.B.S. Frontline  "Breaking The Bank" [June 2009] episode of P.B.S. "Frontline" [since 1983] TV series
Season 27, Episode 16; an investigation of the 2008 banking crisis as reported by Jim Gilmore, with detail of meetings in New York City and in Washington, DC including at the Federal Reserve, at Treasury, before Congress, and at the White House; topics are actions by The Fed, Lehman Brothers, Bank of America, Merrill Lynch, TARP funding of 9 top banks, and new President Obama; end of broadcast is at 53:00, followed on YouTube by repeats • Co-produced, written & directed by Michael Kirk; narrated by Mike McNally & Will Lyman; featuring Maria Bartiromo (CNBC), John Cassidy (The New Yorker), Susanne Craig (The Wall Street Journal), Michele Davis (Assistant Secretary, U.S. Treasury), Chris Dodd (Chairman, U.S. Congress Banking Committee), Charles Duhigg (The New York Times), Dan Fitzpatrick (The Wall Street Journal), Barney Frank (Chairman, U.S. Congress Financial Services Committee), Charles Gasparino (CNBC), Austan Goolsbee (White House economic advisor), Jeb Hensarling (U.S. Congress Financial Services Committee), Jon Hilsenrath (The Wall Street Journal), Simon Johnson (former Chief Economist, I.M.F.),
economist Paul Krugman (Princeton University), Mark Landler (The NewYork Times), Jeffrey Lane (Lehman Brothers), Kenneth Lewis (CEO, Bank of America), Steve Liesman (CNBC), Hugh McColl Jr. (former CEO, Bank of America), bank analyst Paul Miller, author Paul Muolo, Joe Nocera (The New York Times), Andrew Ross Sorkin (The New York Times), Louise Story (The New York Times), John Thain (CEO, Merrill Lynch), Elizabeth Warren (U.S. Congress Oversight Panel); with archive footage of Vice President Joe Biden, Judy Biggert (U.S. Congress Financial Services Committee), Michael E. Capuano (U.S. Congress Financial Services Committee), Maxine Waters (U.S. Congress Financial Services Committee), President Barack Obama, Henry Paulson (U.S. Treasury Secretary), and Keith Ellison (U.S. Congress Financial Services Committee)
episode credits at IMDb • no episode entry at Wikipedia
1-hour WPBS/P.B.S. Direct color DVD [8/2009] for $14.90
1-hour WPBS/P.B.S. Direct color DVD [8/2009] out of prodn/used
watch full episode [11/2017 upload; 1:30:26] online at YouTube

Crash of The Titans / Bank of America book by Greg Farrell  "Crash of The Titans: Greed, Hubris, The Fall of Merrill Lynch, and The Near-Collapse of Bank of America"
[2010] by Greg Farrell

A Shakespearean saga of three flawed masters of the universe, based on unparalleled sources at both Merrill Lynch and Bank of America. First is E. Stanley O’Neal, who engineered a successful turnaround but was undone by allowing a smooth-talking sales-man to build up an astonishing $30 billion position in CDOs (collateralized debt obligations) on the firm’s balance sheet, at a time when all other Wall Street firms were desperately trying to exit that business. Then cerebral, MIT-educated technocrat John Thain was hired in late 2007 to save Merrill Lynch, but his belief that the markets would rebound led him to underestimate the depth of Merrill’s problems. Third is Bank of America CEO Ken Lewis, who was forced into making a $50 billion commitment over a September weekend to buy a business that he really didn’t understand, thus jeopardizing his own institution.
Kindle Edition from Currency [11/2010] for $13.99
Currency 8x5¼ pb [9/2011] for $17.00
Crown Business 9½x6½ deckle-edge hardcover [11/2010] for $30.00


executives

Tom Clausen - amazing partial revival after being blamed by many for the bank's prior disasters

A.P. Giannini [1870-1949]

Bank of America CEO Ken Lewis

E. Stanley O’Neal

John Thain


works  about  banks


Movies,  Stageplays,  Other  Media

"Frontline: The Economic Meltdown" on DVD [P.B.S. June 2013]
Frontline: Economic Meltdown episode  Tagline: "How America's fiscal fallout triggered a world crisis" • Five hour-long TV news programs about the 2008 G.O.P. Economic Meltdown: "Breaking The Bank" [10/2008] {IMDb}; "Inside The Meltdown" [2/2009] written & directed by Michael Kirk {IMDb}; "Ten Trillion and Counting" [3/2009] co-produced & written by Mark Obenhaus {IMDb}; "The Warning" [10/2009] written & directed by Michael Kirk {IMDb}; and "Cliffhanger" [2/2013] co-written & directed by Michael Kirk {IMDb}
P.B.S. Home Video color DVD [6/2013] 2 disks for $18.99



Image  Gallery

                          

Real  Estate

temporary HQ: after the Great San Francisco Earthquake of April 1906, Bank of Italy moved to 632 Montgomery Street         second HQ: Bank of Italy Building, 550 Montgomery Street, San Francisco was completed in 1908; HQ moved out in 1921         third HQ: Bank of Italy Building, One Powell Street, San Francisco was completed in 1921; converted to luxury loft apartments in 2003         Bank of America building at the intersection of Columbus Avenue, Montgomery Street, and Washington Street in 1930; currently owned by Church of Scientology

555 California Street, formerly Bank of America Center; 52-story San Francisco, California skyscraper completed in 1969 as world headquarters of Bank of America; after the 1998 merger with NationsBank, the company moved its headquarters to Charlotte, North Carolina; 555 building is currently owned by Vornado Realty Trust and The Trump Organization         The Bank of America Corporate Center, headquarters of Bank of America in Charlotte, North Carolina; built in 1992 as world headquarters of NationsBank; after the 1998 merger with Bank of America, the building was renamed and BofA operations HQ moved here         The Bank of America Tower, 1111 Avenue of the Americas (Sixth Avenue) between 42nd and 43rd Streets, in Midtown Manhattan, New York City diagonally opposite Bryant Park; 55-story skyscraper completed in 2010 and currently owned & managed by developers The Durst Organization         

http://en.wikipedia.org/wiki/Bank_of_Italy_Building_(San_Francisco) #2 built 1908
http://www.loftsatonepowell.com/ converted 2003 to 44 rental units

The Bank of America Tower, 1111 Avenue of the Americas (Sixth Avenue) between 42nd & 43rd Streets
http://en.wikipedia.org/wiki/Bank_of_America_Tower_(Manhattan)
http://www.durst.org/properties/one-bryant-park
INFO: location is 3 stories tall; open 7 days 1130am to 10/11pm  Burger & Lobster Bryant Park [chain est. 2011, NYC open 2016], 132 W. 43rd Street in The Bank of America Tower building
Stephen Sondheim Theatre [orig 1918, rebuilt 2009], 124 W. 43rd Street within The Bank of America Tower building


L i n k s
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here on the Bank of America / NationsBank Page at Spirit of America Bookstore

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‘‘    NationsBank [1874-98]   ‘‘    Merrill Lynch [1914-2008   ‘‘    executives   ‘‘    movies, plays, other media   ‘‘    image gallery   ‘‘    links

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