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View Full Version : U.S. Issues More layoffs coming...


petegz28
08-19-2011, 07:55 AM
Bank of America Cutting 3,500 Jobs, And More May Follow
http://www.cnbc.com/id/44199531


Remember, this is the company that received billions of our tax payer $'s and forced or otherwise, bought Merrill Lynch in the process. Now they are looking at upwards of 10,000 layoffs. And more companies are setting up to follow.

BucEyedPea
08-19-2011, 08:04 AM
BoA is dead man walking and also recently received a back door bailout. It's one of those connected to state power crony mercantilists. Too bad my kid has stock in them from Grammy!

LOCOChief
08-19-2011, 08:57 AM
BoA is dead man walking and also recently received a back door bailout. It's one of those connected to state power crony mercantilists. Too bad my kid has stock in them from Grammy!

tell your kid to hang on to that stock, it'll be back and I think you know why, but I was suprised to see your "dead man walking" comment. They are hardly that.

Fish
08-19-2011, 09:03 AM
Corporations are great! They're just trying to make money and all.

orange
08-19-2011, 02:04 PM
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Bank of America's Dead Drop To Rick Perry: "We Will Help You Out"
Submitted by Tyler Durden on 08/19/2011 10:15 -0400

Bank of America Bank of America


Should we be surprised, frightened, disgusted or simply say "we knew it", that in the informal mixer just after Texas Governor and Republican presidential candidate Rick Perry spoke at a Politics and Eggs breakfast in Bedford, New Hampshire, an unknown gentlemen approaches a casual Perry like an Ian Flemming character, and proceeds to dead drop the following: "Bank of America... We will help you out"... and silently moves on. At least we know now who is funding what, and whose interests potential future president Perry will be paid to defend.

And for those who believe the man is a plant, we believe it is James Mahoney, Director of Public Policy for BoA. You can see a photo of him here.

http://www.unepfi.org/fileadmin/events/2005/roundtable/images/20051025_press_conference.jpg

He's on the board of directors for the New England Council, the sponsors of yesterday's Politics and Eggs breakfast.

Naturally, we would be delighted for Bank of America to refute this assumption.

http://www.zerohedge.com/news/bank-americas-dead-drop-rick-perry-we-will-help-you-out

Stewie
08-19-2011, 02:11 PM
So what? BoA (and all big banks) makes those offers to every politician. It makes the politician feel special, when in fact, they're just another lemming.