Bank Of America (NYSE:BAC) Targeted By WikiLeaks Owner- Shares Down 10+%

Julian Assange, founder of WikiLeaks has targeted Bank of America as his next victim, causing stock prices to fall.  Bank of America has officially denied any knowledge of the blitz, although Assange revealed in 2009 that he has 5GB of information on Bank of America, which he plans on releasing early next year.

Bank of America responded by declaring they have “no indication” of an imminent attack.  Despite the official statements from Bank of America, several insiders have said the bank is taking the threat seriously and have convened a “legal SWAT team” in the event the documents are made public. Bank of America shares, traded on the NYSE, are taking a beating.

Interviewed earlier this month by Forbes Andy Greenberg, Assage compared the corruption of banks behavior  to the Enron emails and that the impact of the leaks will be just as debilitating.  “Usually when you get leaks at this level, it’s about one particular case or one particular violation,” he said.  “For this, there’s only one similar example. It’s like the Enron emails.  It will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms, I presume,” Assange added.

After Julian Assignee’s attack was announced on WikiLeaks, the targeted Bank of America’s stock prices fell more than 10%.

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