Article

2011-09-03 Economy

Bank of America layoffs to hit 30,000: Report

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Posted by Fred 2011-09-03 00:00|| || Front Page|| [4 views ] Top

#1 Since Bank of America has been insolvent for so many years, it really out to lay off 100% of its employees and just go out of business, a normal type of thing to happen in what was once known as the free enterprise system. Any given financial institution is not that critical for the economy as a whole, unless they are been declared Too Big To Fail.

Posted by Anguper Hupomosing9418 2011-09-03 10:50|| 2011-09-03 10:50|| Front Page Top

#2 The 'final plans' of BofA's executives involved pocketing as much boodle as they can before they jump ship and their company goes under. The top executives of many other corporations have been doing the same for over 20 years now, as they turned stockholders into bagholders.

Posted by Anguper Hupomosing9418 2011-09-03 10:54|| 2011-09-03 10:54|| Front Page Top

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