Taking a proactive--albeit belated-approach, Bank of America has bought up many domain names that might be used by groups that want to start anti-Bank of America websites. "More than 300 addresses that disparage Bank of America officials using variations on 'sucks' and 'blows,' including BrianMoynihanBlows.com and BrianMoynihanSucks.com, referring to the bank's chief executive, were registered on December 17," the Financial Times reports.

     Lots of companies buy up such domain names as a pre-emptive strike against critics, but this would seem to be a large purchase. The on-going activity to get ahead of a possible WikiLeaks data dump may have had something to do with the bank's new offensive.

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You can't blame it for taking this action; the news has been quite negative about its foreclosure policies and practices, and there are many vocal critics right now.

                                                                                                                                                                                              Source :FierceFinanceIT

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