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Bank Of America Locks Out Its Online Clients For Second Day In A Row

Tyler Durden's picture




 

No, this is not due to everyone pulling their money online at the same time. Uh uh. Not at all. Nosireebob. And no, those rumors that BofA will charge you $4.99 to access your account online are just that - rumors. At least for now.

Luckily, if you want to access your online account, you can. Oh wait, we meant to say you can't.

 

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Mon, 10/03/2011 - 11:53 | 1733291 Fred C Dobbs
Fred C Dobbs's picture

My daughter has an account there.  Just tried to sign on and it is unavailable.  

Mon, 10/03/2011 - 11:57 | 1733312 tekhneek
tekhneek's picture

It's actually worse than I thought:

"Tara Burke, Bank of America Corporation (NYSE:BAC) spokeswoman, said that, “The website is now fully operational. The recent problems were not the result of hacking, and no customer information was compromised”."

Mon, 10/03/2011 - 23:49 | 1735895 bid the soldier...
bid the soldiers shoot's picture

.

Mon, 10/03/2011 - 23:50 | 1735899 bid the soldier...
bid the soldiers shoot's picture

Read the fine print: "..... company reserves the right to close any part or all of the website for routine balance juggling and number jiggering"

"No customer information was compromised.".

Just sold to the highest bidder. : - )

Mon, 10/03/2011 - 11:54 | 1733297 myshadow
myshadow's picture

I ended a 30 year  involvement on last thursday and the little woman began to sever ties on saturday.

We both opened accounts with BECU.

Mon, 10/03/2011 - 11:55 | 1733302 lunaticfringe
lunaticfringe's picture

Fuck you Buffet. Fuck you Mozilo. And fuck you Bank of America. There, I feel better.

Mon, 10/03/2011 - 11:56 | 1733305 Scisco
Scisco's picture

So every time someone access their bank account online, BAC gets to buy back a share of their stock?

Mon, 10/03/2011 - 11:56 | 1733307 PaperWillBurn
PaperWillBurn's picture

Won't let me in.

 

I started to get worried for a second but then I remembered I clear out my account every payday and buy gold.

 

what me worry

Mon, 10/03/2011 - 12:25 | 1733447 Troll Magnet
Troll Magnet's picture

me too. i just use them to xfer $ to gainesville coins, provident metals, et al.

Mon, 10/03/2011 - 11:56 | 1733308 rambler6421
rambler6421's picture

Bank Failure Bitchez!

Mon, 10/03/2011 - 11:57 | 1733310 Rusty Shorts
Rusty Shorts's picture

BOA foreclosed on an anjoining property to mine 2 years ago. They have not done anything with the property. The weeds are so tall you can barely see the house now, so I went down to the court house to find out the status, last tax payment was 12 months ago...waiting to see if they make this years tax payment... ;)

Mon, 10/03/2011 - 12:04 | 1733340 lunaticfringe
lunaticfringe's picture

Here was my latest and last Bank of America story. From the archives. http://thecivillibertarian.blogspot.com/2011/03/banana-bank-of-america-m...

Mon, 10/03/2011 - 12:12 | 1733375 konputa
konputa's picture

@Rusty Shorts - Good luck on that tax lien certificate purchase. ;)

Mon, 10/03/2011 - 13:24 | 1733713 HellFish
HellFish's picture

Rusty, SInce you already have the varmints moved in due to the overgrown lawn break a few windows - it will lower the value of the property for BOA and your varmint problem won't get any worse.  Hell I'd throw in a road flare too.

Mon, 10/03/2011 - 13:40 | 1733779 MachoMan
MachoMan's picture

You're probably looking at a 2 years wait for the property to be certified to the state.  Then you're probably waiting another 2 years for it to be auctioned...

Check out your state commissioner of lands' website, or the equivalent.  See what vintage they're selling in your county...  my guess is it's either 2006 or 2007...  keep your powder dry and don't fire til you see the whites of their eyes.

Mon, 10/03/2011 - 16:44 | 1734518 Thisson
Thisson's picture

Rusty, I recommend you read up on Adverse Possession.  At the rate things are going, you could end up owning the neighboring property free and clear, depending on what state you're in.

Mon, 10/03/2011 - 17:31 | 1734711 MachoMan
MachoMan's picture

Not really...  kind of a fruitless endeavor if anyone intervenes during your period of possession (e.g. tax authority, bank, popos, city for condemnation, home owners association, you name it).  The tax sale route will net him the property more quickly and all the bozos who want to run their mouths can file a lawsuit if they want to object.  Here anyway, you're looking at 7 years for adverse possession and only 4-5 for tax sale...

as long as the proper parties are notified, it's game on. 

Mon, 10/03/2011 - 12:00 | 1733320 skidrow
skidrow's picture

BOA is definately transferrings accts... just bought credit card business from FIA Card Svcs with transfer effective Oct 1. Not sure if this was all cc business or just the dead-beat customers that pay on time. 

Mon, 10/03/2011 - 12:02 | 1733326 Joe Sixpack
Joe Sixpack's picture

Just tried to get on (ine of our CCs ended up with them). Got this mnessage:

 

"

We apologize, but Online Banking is operating slower than usual.We are working to restore full service as quickly as possible. Thank you for your patience

If you like, you can:

Continue Online Banking.

Access Merrill Lynch Online .

Find a Bank Of America ATM or branch."

 

Clicked "Continue Online Banking"

 

Answered a challenge question, got my sitekey, then screenw ent blank and 5 min. later has not changed.

Mon, 10/03/2011 - 12:03 | 1733330 monopoly
monopoly's picture

Why would anyone for any reason bank with BAC C, etc. Just do not get that. When 95% of banking is online. Direct deposit of checks, some small banks have free ATM withdrawal from other banks. You can scan company checks on your computer, Iphone. What am I missing guys? This does not take a PHD like Krugman has to figure this out.  You support a stinking thief, one that has robbed from millions and continues to rape every chance it gets.

Makes absolutely no sense except being "lazy".

Mon, 10/03/2011 - 17:11 | 1734634 Cathartes Aura
Cathartes Aura's picture

+ 1000.

Mon, 10/03/2011 - 12:03 | 1733332 Temporalist
Temporalist's picture

Who wants paper and digital vapor anyway?

 

"The U.S. Mint sold 112,000 ounces of American Eagle gold coins last month, the most since January."

"Gold is in the 11th consecutive year of its bull market, the longest in at least nine decades, after investors accumulated 2,236 metric tons of bullion in ETPs. That exceeds all except four central banks’ reserves, data compiled by Bloomberg show. HSBC Holdings Plc expects gold to average $2,025 next year, compared with $1,875 for platinum, an 8 percent premium."

 

http://www.bloomberg.com/news/2011-09-22/gold-premium-over-platinum-seen...

Mon, 10/03/2011 - 12:28 | 1733458 Troll Magnet
Troll Magnet's picture

cannot find platinum anywhere right now. got any leads on that?
and silver is a better "buy" than gold right now.

Mon, 10/03/2011 - 13:19 | 1733684 ziggy59
ziggy59's picture

apmex...

Mon, 10/03/2011 - 13:33 | 1733756 Temporalist
Temporalist's picture

And platinum has fallen farther than gold.  It's more of an industrial indicator and gold is being bought by nations and central banks still:

Found this on GATA.org and also a Martin Armstrong interview is linked there to KingWorldNews.com:

Qatari wealth fund plans $10bn gold buying spree

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/880279...

 

KWN Martin Armstrong

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/2_M...

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/10/2_KW...

Mon, 10/03/2011 - 12:05 | 1733345 aquagreen73s
aquagreen73s's picture

Citi doesn't appear to working either.

 

https://online.citibank.com/US/Welcome.c

 

try to select an account and you're rerouted to an adverstisement.

Mon, 10/03/2011 - 12:06 | 1733347 EvlTheCat
EvlTheCat's picture

Normal BoA customer service, I see.

Mon, 10/03/2011 - 12:07 | 1733353 oa92000
oa92000's picture

just a website and you make it a bad news......

Mon, 10/03/2011 - 12:09 | 1733362 Seasmoke
Seasmoke's picture

does Ken Lewis still have access to his BOA online account ?

Mon, 10/03/2011 - 12:09 | 1733363 carbon
carbon's picture

ha HA HA HA HA UH ! i HAVE A BAD START TODAY MONDAY, BUT I ADMIT , TYLER AND YOU PEOPLE, DOOM AND GLOOM TEXT MADE MY DAY , KEEP UP THEM UP-LIFTING TEXT!

Mon, 10/03/2011 - 12:13 | 1733377 monopoly
monopoly's picture

You may call it doom and gloom. We call it reality.

Mon, 10/03/2011 - 17:16 | 1734656 Cathartes Aura
Cathartes Aura's picture

indeed, it's only "doom and gloom" if your mindset needs that "happy happy" fix. . .

Mon, 10/03/2011 - 12:16 | 1733392 marcusfenix
marcusfenix's picture

good lord man, it's called grammar, if you're going to yell here at least make an effort...

Mon, 10/03/2011 - 13:10 | 1733649 Uncle Remus
Uncle Remus's picture

Too right.

Mon, 10/03/2011 - 16:16 | 1734350 EvlTheCat
EvlTheCat's picture

He's texting via Teletype.  Give the poor guy a break! :)

Mon, 10/03/2011 - 12:09 | 1733364 Shizzmoney
Shizzmoney's picture

Tried to access ATM at BOA at local branch here in MASS on Friday.

The ATMs were not available; they all had the "blue screen of death".

The irony.

Mon, 10/03/2011 - 12:11 | 1733369 monopoly
monopoly's picture

That would scare the shit out of me if I saw "temporarily unavailable" during banking hours. And this is an informed blog. What is wrong with you good people?

BAC a 5 handle today???

Mon, 10/03/2011 - 12:15 | 1733390 DavosSherman
DavosSherman's picture

Fucking morons will likely add a $5.00 monthly charge to acces accounts online.

Douchebags!

Mon, 10/03/2011 - 12:16 | 1733398 gatorontheloose
gatorontheloose's picture

there's that $5.98 print 

Mon, 10/03/2011 - 12:16 | 1733399 Barnaby
Barnaby's picture

Don't walk, run to your local BOA branch. AS FAST AS A LEOPARD.

Mon, 10/03/2011 - 12:57 | 1733602 Money 4 Nothing
Money 4 Nothing's picture

But, But.. What about my free checking? Hal!? Hal!

S&P broke bad so I'm cracking open a cold one.

 

Mon, 10/03/2011 - 12:20 | 1733416 Waffen
Waffen's picture

So seriously what will happen if BAC fails? I assume they will shutter their doors, bank holiday then what?

Can we have a serious discussion as this appears extremely likely?

Mon, 10/03/2011 - 12:35 | 1733482 Barnaby
Barnaby's picture

1. The bank will be taken over;
2. History as our guide tells us the new owners of the bank will limit cash withdrawals to a max daily and monthly allowance;
3. It will be revealed that Bank of America was, indeed, the official Bank of America and that we are now all Warren Buffet's adopted step-children;
d) Anyone with a BOfA pension can get the fudge out.

Mon, 10/03/2011 - 12:36 | 1733490 JohnG
JohnG's picture

I'm thinking nationaliation.  Who would touch it with the Countrywide issues?

Mon, 10/03/2011 - 12:55 | 1733589 reload
reload's picture

And what about ML? huge reduncencies loom.

Mon, 10/03/2011 - 12:27 | 1733429 Edward Beargman
Edward Beargman's picture

Lots of rotating lights seen charging up Sixth, plunge protectiom team?

http://www.trafficland.com/city/NYC/camera/2314/

Mon, 10/03/2011 - 12:44 | 1733537 ziggy59
ziggy59's picture

its almost an electronic bank holiday...this wont get BAC many romantic dates, imo.

Mon, 10/03/2011 - 13:06 | 1733636 PulauHantu29
PulauHantu29's picture

"A stitch in time saves nine."

Confucius, 459 BC

Mon, 10/03/2011 - 13:29 | 1733733 Tom Green Swedish
Tom Green Swedish's picture

You can still log on, just click the continue to online banking link. Its very slow.

Mon, 10/03/2011 - 13:33 | 1733753 DollarDive
DollarDive's picture

QE3 is Coming brothers....... Put on your rally caps.

Mon, 10/03/2011 - 13:48 | 1733810 JimS
JimS's picture

Actually, I believe the quote is: "If there is going to be a PANIC, be the first one to panic". I am not sure who said it either.

Mon, 10/03/2011 - 13:59 | 1733864 Zaphod B.
Zaphod B.'s picture

1970's = gas lines

2011 = ATM lines and online lines

Next up, as expected, ATM withdrawal daily limit shrink to $5

Mon, 10/03/2011 - 14:36 | 1734003 Bicycle Repairman
Bicycle Repairman's picture

Not today.  Hit BOA ATM for $400.

Mon, 10/03/2011 - 15:14 | 1734106 bid the soldier...
bid the soldiers shoot's picture

You shoulda put it under the PosturePedic in the first place. :-)

Mon, 10/03/2011 - 17:36 | 1734724 Bicycle Repairman
Bicycle Repairman's picture

What and lose .01% per annum interest?

Mon, 10/03/2011 - 14:17 | 1733937 fiddler_on_the_roof
fiddler_on_the_roof's picture

iphone App access is still available for BAC account.

Mon, 10/03/2011 - 15:12 | 1734096 bid the soldier...
bid the soldiers shoot's picture

There is absolutely NOTHING FUNNY about this.

It's mean spirited to snicker at BOA account holders.

It's like laughing at someone getting a colonoscopy without anesthesia.

Mon, 10/03/2011 - 15:52 | 1734256 Temporalist
Temporalist's picture

Those BoA account holders should have closed their accounts 3 years ago.

Mon, 10/03/2011 - 16:30 | 1734443 Dirt Rat
Dirt Rat's picture

Indeed, lack of preparation on their part does not constitute an emergency on mine.

Mon, 10/03/2011 - 18:11 | 1734842 bid the soldier...
bid the soldiers shoot's picture

When the avalanche wipes out the little village half way up the mountain, the people at the bottom of the mountain should not be saying to each other that the little village should not have been put there -- as the avalanche continues on its merry way.

Mon, 10/03/2011 - 17:23 | 1734680 Cathartes Aura
Cathartes Aura's picture

Credibility Gap, dudes.

Mon, 10/03/2011 - 16:24 | 1734355 Barnaby
Barnaby's picture

From the standpoint of a sysadmin, their site bankofamerica . com is up, but "selectively." On preview it's down semi-permanently again. Way, way TLRDR, but this is what seems to occur when it's back up:

Something deceptive happens after you land on their promo page. When you click "continue to Bankofamerica.com" over in the menu on the right, it says it's taking you to https ://www .bankofamerica. com, but it's really going to a strange "moving target" SSL server. My last attempt to log in to my California account appeared to htaccess hand my browser off to a honeypot server folder at a different IP.

Any TLS, but especially SSL is innately slower, and if run on a low-powered server, it can effectively throttle login requests back to oblivion. I have personally used this tactic to prevent an e-sale from killing the webstore's shopping server. Hand the request traffic to an SSL server somewhere over in Turkmenistan, and this bad boy's a 600MHz Pentium 3 running NT IIS off a ISDN in Ruslan's basement. Often, once the timeout threshold is reached, the SSL server shits the client's (your) browser out to "homepage temp. unavail." or whatever placeholder. And at least in IE 9, the client (you) gets a cookie that keeps sending you to https://notice.bankofamerica.com/content/enhanced-splash/html/home-splash-pagev2.html?bactoken=96190024099 until you do a full browser refresh on the root http not https site.

Just my 2 mercury dimes' worth.

Tue, 10/04/2011 - 00:13 | 1735968 VegasRage
VegasRage's picture

There are a multitude of possible reasons why BofA was sucking wind. Maybe their F5 load balancers were on the Fritz, perhaps their SAN lost a controller, ISP has issues, who knows. I'm just glad it wasn't my problem. :D

Tue, 10/04/2011 - 00:03 | 1735940 VegasRage
VegasRage's picture

As some who has worked in IT for a long time I can say this much, the IT department didn't have a change control rollback plan or they didn't have a good disaster recovery plan. 

Tue, 10/04/2011 - 01:27 | 1736113 FlyPaper
FlyPaper's picture

I saw this over the weekend; cheerily clicked the "continue on to online banking" and paid bills.  Did the author actually do any research before the post?

Wed, 10/12/2011 - 15:55 | 1766939 karmete
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