Hackers release BoA emails

Anonymous, a hacker group
sympathetic to WikiLeaks, released emails that it obtained from someone who
said he is a former Bank of America Corp employee.

In the emails dating from November
2010, people that appear to be employees of a Balboa Insurance, a Bank of
America insurance unit, discuss removing documents from loan files for a group
of insured properties.

Neither the emails nor
correspondence released by Anonymous indicate the reason behind the electronic
record keeping discussion.

A representative of Anonymous said the
documents relate to the issue of whether Bank of America has improperly
foreclosed on homes.

 The representative added that he had not seen
the documents, but he has been briefed on their contents.

Consumer groups have accused major
U.S. lenders of foreclosing on many homes without having proper documentation
in place.

A BofA spokesman said the documents
were clerical and administrative documents stolen by a former Balboa Insurance
employee, and were not related to foreclosures.

“We are confident that his
extravagant assertions are untrue,” the spokesman said.

The group’s email release also
includes correspondence between Anonymous and the former employee, in which the
former employee described the bank as a “cult” and said the company
is now intent on destroying his career.

“I’m well known throughout
Bank of America,” the former employee said in one email.

 “They saw to that when they showed
everyone my picture and labelled me as a terrorist.”