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16,000 Bank of America employees lose their jobs...where is the outrage?
Posted: Sep 20, 2012
Why isn't the media telling this little story? Probably because it will reveal just how bad this economy is and the Bamster will look bad.
;
Couple reasons why MSM not saying much - backwards typist
[ In Reply To ..]It's people becoming unemployed again AND it's one of the "too big to fail" banks laying these people off.
"BofA isn’t the only bank cutting jobs but the size of its efforts are by far the greatest. Citi, Goldman Sachs, Morgan Stanley and many financial firms in Europe are trimming the fat as well but it’s BofA that’s been under the most pressure by shareholders to make significant changes." --Forbes
Uh, oh! I just realized. I may have helped this happen. - backwards typist
[ In Reply To ..]I paid off my credit card at BofA a month ago! LOL
Help. Is this supposed to be right or left wing outrage? Free - enterprise at work? That IS our system.
[ In Reply To ..]B of A isn't run by the government and can structure its giant self any way it wants. BTW, you might want to consider jobs displaced by technology as one of the factors. Also, that in a company we've allowed to become "too large to allow to fail" 16,000 people isn't very many.
Oh please...16,000 isn't too many...really? - whatever
[ In Reply To ..]Obama says everyone is doing just fine and 16,000 people lose their jobs - plus many more people in other sectors. These people are someone's Mom, Dad, brother, sister, Grandma, Grandpa...and you say it isn't too many. If this would have been under GW Bush, you would have been yellin' bloody murder. Your comments are insulting to those 16,000 people.
B of A has over 200,000 employees. Not MY doing BTW. - (Doncha love the web?) NM
[ In Reply To ..]x
8% of their workforce? - SK1
[ In Reply To ..]Seems like a lot to me!
I hardly think Bank of America is really hurting...sm - JTBB
[ In Reply To ..]and I'm pretty sure their investors are going broke. Maybe they aren't doing their job as trickle down artists?
The people that got the pink slip are hurting - sm - myfriendworksforboa
[ In Reply To ..]Warren Buffet is the biggest share holder. Buffet is greedy. You must be a lib like Buffet. All these lay-offs in the midst of this robust economic recovery for barry. Buffet and Barry are friends.
B of A - Cindy
[ In Reply To ..]Because if the media tells about B of A, then all will know that the bailout FAILED and continues to be a big fat failure.
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