In outline: banks were supposed to be funneling mortgage payments to holders of bonds backed by the mortgages. But they were (allegedly) siphoning off some of that money for themselves or their cronies --- nominally in the form of ludicrously overpriced premiums for insurance policies against default. This would be legally actionable if it held up, and there have been consent decrees in the past.
Yet by burying that in the middle and near the end, bookended on both sides by what can be perceived as whining by an ex-employee, "OperationLeakS" has basically made it cakewalk for Bank of America's PR to deflect this.
I halfway hope that Wikileaks is using Anonymous as a smokescreen and has given them a little bit of info so that BoA can burn their PR on them, then the supposed hard drive that is referenced again here actually comes out later.
In outline: banks were supposed to be funneling mortgage payments to holders of bonds backed by the mortgages. But they were (allegedly) siphoning off some of that money for themselves or their cronies --- nominally in the form of ludicrously overpriced premiums for insurance policies against default. This would be legally actionable if it held up, and there have been consent decrees in the past.