Maybe this morning's helicopters weren't just for the next exciting episode of Trauma? According to San Francisco Business Times, the Bank of America at Market and New Montgomery was robbed. "As helicopters circled the city’s financial district," Biz Times says, "those trying to enter the BofA branch shortly after the robbery were greeted by locked doors and a sign that read, 'Due to circumstances beyond our control, we are temporarily closed. We apologize for the inconvenience and appreciate your continued patronage.'" No on was injured. No arrests have been made. more ›

Bank of America (who used to be based in San Francisco) has announced plans to cut anywhere from 30,000 to 35,000 jobs over the next three years. As the company sucks up Merrill Lynch & Co., cuts will affect both BofA and Merrill. "In an effort to lower costs as they face increasing defaults in mortgages, credit card debt and other loans," the (former) banking giant will add these jobs cuts to the thousands that they already eliminated over the past year. In related conspiracy theory, tinfoil hat news: Illinois Governor Rod Blagojevich was arrested on corruption charges, it seems, the day after he announced all Illinois government agencies to suspend business with Bank of America. Allegedly. more ›