BofA CEO Sees rate hike
“It’s coming because the economy is fundamentally better, the unemployment rate is down”
http://www.foxbusiness.com/business-leaders/2015/06/01/bofa-ceo-sees-rate-hikes-coming-soon/
10 replies (most recent on top)
Bank of Americas executives want big bonuses and large pay raises and use this company for their own gain. The executives zero in on expanding short-term markets. We purposely over extend headcount to meet short-term demand (maximize profits). We cheer leader the stockholders. Executives, CEO make large bonuses. Executives brush responsibility and blame poor market growth conditions. We reduce headcount. By the time you realize you were played for a fool (family bank, upholding values crap) you are on the street. Profits were maximized and CEO and executive made their personal money. Do not let the door hit you in the ass on your way out.
Not sure if anyone has figured it out but it has been spelled out for you.
The next time someone asks in an interview if you have fortune 500 experiences you can spit in their face or beat the living hell out of them.
Let us talk ethics and responsibility?
We all know you cannot run a business by performing speeches everyday for your entire tenure. Internally he pushes a new video speech every day. He and the executives do not know how to manage this bank. The continued speeches are to mislead the public in an act of desperation. Your bottom line numbers speak for themselves along with the people internally and externally. Law suites are not good advertisements. My child could do a better job.
One controversial figure driven by ego obsession with his own legend. In the end this obsession likely will lead to his own nursing home instead of his own glory he craves. He will be remembered for swindling dollars from America people and paying billions of dollars in fines to the United States regulating bodies of government. I like the curls, it makes him a girly-man.
Another public relations (PR) Offensive as every day in the office and in the public eyes. This is the only way he can keep his job. (cry cry it is not his fault and switch things up while you are distracted). I wonder how many curling irons he owns for his hair.
Did he not say we are outsourcing cheaper labor from India where our IT department will grow. Need to change the name too Bank of India Two.
The true face of the devil. Look unto your dummy god and praise him for stealing your pensions and severance. Roll the Dice
I guess he needs something to brag about because the S&P has outperformed during his reign of terror (tenure). A true con-artist our government should be watching.
hahaha, @Anonymous105139 - this is so true, but at the same time a 0.5% hike would be awesome for the bottom line...
Wow 1.2 trillion in deposits but we still need to steal employee pensions and severance.
It is ironic many companies are helping to lower unemployment when our CEO is laying everyone off. Then talks about how well the market is doing with a smile like he is a great contributor of employment at this time. Suck Eggs