[IMC] Fwd: Uncaught bounce notification

[Mike Lehman]

FYI,
For some reason, the Yes Lab messages are bouncing. Since it is of 
interest, I'm forwarding the bounce in lieu of the original. If anyone 
needs the attachment, I can froward that offlist to you on your request.
Mike

-------- Original Message --------
Subject: 	Uncaught bounce notification
Date: 	Thu, 19 Apr 2012 13:29:46 +0000
From: 	mailman-bounces at lists.chambana.net
To: 	imc-owner at lists.chambana.net



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Subject:
Bank of America still not yours... yet.
From:
The Yes Lab <mailing at yeslab.org>
Date:
4/19/2012 8:29 AM

To:
imc-bounces-lists.ucimc.org <imc-bounces at lists.ucimc.org>


April 19, 2012
FOR IMMEDIATE RELEASE

*ON-THE-BRINK BANK STILL NOT YOURS (YET)
*/Dow Jones posts fake release for two hours; bank gets fake website 
blacklisted, briefly/

     Contact: bofa at yeslab.org <mailto:bofa at yeslab.org>

Bank of America executives, investors, and opponents alike reacted with 
surprise to yesterday's news 
<http://yeslab.org/yourbofa-announce>---posted for two hours on Dow 
Jones Newswire 
<http://www.foxbusiness.com/news/2012/04/18/bank-america-is-target-fake-press-release/> 
and elsewhere---that the mammoth financial institution, realizing it was 
heading for a taxpayer bailout, was asking Americans to start thinking 
about what they'll do with the bank <http://www.bank-of-you.com/ideas> 
once they own it, and to start advertising that vision 
<http://bank-of-you.com/gallery> too.

The news, of course, was a hoax.

The fake YourBofA.com website <http://www.bank-of-you.com/> was quickly, 
but temporarily, blacklisted by Google as a potential "phishing scam," 
despite the site containing no forms, spyware, or other characteristics 
of a site engaging in phishing. Firefox and Google Chrome users who 
tried to load YourBofA.com were warned that the site may be "dangerous," 
while some individuals with Gmail accounts reported that emails 
containing the URL were bounced back or not delivered. An investigation 
<http://www.rawstory.com/rs/2012/04/18/google-blacklists-bank-of-america-parody-website/> 
by Raw Story concluded that "It's likely that Bank of America reported 
the site to Google as a phishing scam." Shortly after the article's 
publication---and with the help of thousands of volunteers complaining 
to Google---the website was taken off the blacklist.

Today's reports of slumping profits 
<http://www.marketwatch.com/story/bank-of-america-profit-slumps-68-2012-04-19> 
make the fake site all the more timely. "This site is a forum for people 
to imagine what they could do with this bank," said Jane O'Heely of the 
Yes Lab, one of the site's creators. "The ideas 
<http://www.bank-of-you.com/ideas> we've gotten already show we all know 
as much as bankers about how a bank ought to be run---and actually, a 
good deal more."

"A bank doesn't have to be something that charges you fees, invests your 
money in things you abhor, destroys poor communities with predatory 
lending, and then threatens to take down the global economy if you don't 
agree to bail it out," said Logan Price, who helped create 
BreakUpBofA.com <http://www.breakupbofa.com/>. "Thinking of alternatives 
to this nightmare 
<http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314> 
is not rocket science."

The hoax was perpetrated by means of a fake press release 
<http://yeslab.org/yourbofa-announce>; it was followed two hours later 
with a fake angry retort <http://yeslab.org/yourbofa-retort>, so that no 
journalist would be fooled for very long. "We wanted to get people 
thinking about how they'd run banking differently, not to really fool 
anyone," noted O'Heely. "The whole fake release thing was just a way to 
publicize it and get people posting ideas <http://bank-of-you.com/ideas> 
and ads <http://bank-of-you.com/creative>."

"Any response by Bank of America would just help spread the word, and 
they seem to know that," added O'Heely. When Bank of America got Google 
to blacklist the website as "phishing" 
<http://www.rawstory.com/rs/2012/04/18/google-blacklists-bank-of-america-parody-website/> 
(which it was not), the Yes Lab mobilized 4000 volunteers to complain, 
which quickly worked to de-list the site and give this press release a 
small extra hook.

The website's centerpiece is an open call <http://bank-of-you.com/ideas> 
to American taxpayers to begin considering what they will do after a 
bailout, when they'll have a chance to become the company's majority 
owners. The "bank" also asks the public to advertise their visions with 
a tool <http://bank-of-you.com/creative> for generating web 
banners---images that could <http://bank-of-you.com/gallery> give Bank 
of America a very real "google problem" not unlike Chevron's 
<https://www.google.com/search?q=chevron+%22we+agree%22&hl=en&prmd=imvns&source=lnms&tbm=isch&ei=geGGT9ysIunn0QHMjZ3sBw&sa=X&oi=mode_link&ct=mode&cd=2&ved=0CBYQ_AUoAQ&biw=1058&bih=631>. 
The site also includes a letter from CEO Brian Moynihan that admits to 
the bank's many failings 
<http://bank-of-you.com/lessons-learned>---short-sighted investment 
decisions and the massive accumulation of le gal liabilities, causing 
plummeting share prices and inexorably pushing the company towards a 
public bailout.

The YourBofA.com website was a collaboration between the Yes Lab 
<http://www.yeslab.org/>, Rainforest Action Network <http://ran.org/>, 
and New Bottom Line <http://www.newbottomline.com/>. A number of folks 
within Occupy Wall Street's <http://occupywallst.org/> Alternative 
Banking working group also helped with the site. Like other Yes Lab 
websites, this one is hosted by May First / People Link 
<https://mayfirst.org/5-1>.

The website comes at a time of rampant distrust of big banks. Even top 
Federal Government regulators have recently called for the end of "too 
big to fail." As Harvey Rosenblum, the head of the Dallas Fed's research 
department, recently wrote 
<http://dealbook.nytimes.com/2012/03/28/banking-regulator-calls-for-end-of-too-big-to-fail/>: 
"Many of the biggest banks have sputtered, their balance sheets still 
clogged with toxic assets accumulated in the boom years... creating a 
residue of distrust for the government, the banking system, the Fed and 
capitalism itself."

"Most Americans, and even some regulators, see what's wrong with the 
state of our banking system," said Price. "We have a real opportunity to 
safely and proactively push this company 
<http://www.rollingstone.com/politics/news/bank-of-america-too-crooked-to-fail-20120314> 
towards managed bankruptcy and create smaller 
<http://www.breakupbofa.com/>, more responsive financial institutions 
that help American communities rather than harm them."

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Subject: Bank of America still not yours... yet.
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