Something in that article seems off... It says today for its date but talks about how Moynihan has been at the helm for a year and a half, is mostly focused on the countrywide cleanup, and stock is closing at 6 and some change. Appears to be an old article that just lists the current date... Then again it speaks volumes that a years old article about the banking industry contracting is still timely...
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Today - BofA layoffs are the latest as an industry shrinks
http://en.terra.com/news/news/bofa_layoffs_are_the_latest_as_an_industry_shrinks/act399401