Anonymous Exposing Bank of America

At 12am EST this morning members of hacktivist group Anonymous released what they say is a cache of internal emails from a Bank of America-owned insurance company, which prove the "too-big-to-fail" financial institution engaged in mortgage-related fraud.

The emails are being referred to as “part 1″, and were originally released on the website BankofAmericasuck.com. That site has been consistently overloaded, and thus unavailable, for much of the morning. The documents have also been made available for download on a number of mirror locations, as well as in the form of a Google document.

The information was leaked by an Anonymous member who goes by the name OperationLeakS on Twitter. He is claiming to  have information from a former employee of Balboa Insurance, a firm once owned by Bank of America, which the source says keeps track of loans for lenders. To prove the authenticity of the source, OperationLeakS has posted a paystub, an unemployment form, a dismissal letter from Balboa and an ID badge to BankofAmericasuck.com.

An "anonymous insider” from the Bank of America has confirmed with the gossip website Gawker that these leaks are “legit,” and we should expect the release of some more sensitive files, as well as additional emails.

I hope there is much more leaked Bank-related information to follow. These criminals need to be exposed and dealt with. [see Krugman's latest here for more details] It is a sad note for democracy that a group of loosely assembled hackers are the only people capable of trying to keep private interests from ruining our social infrastructures. It is quite obvious to anyone tracking the decision-making and flow of money that Western government systems are no longer legitimate. Act accordingly.