http://www.fool.com/investing/general/2016/03/12/the-problem-with-bank-of-americas-business-model.aspx?source=iedfolrf0000001
7 replies (most recent on top)
From the mouths of (stockholder) babes to the ears of all in attendance at the annual meeting. It reflects poorly when the CEO is chastised by a teenager.
http://blogs.wsj.com/moneybeat/2016/04/29/bank-of-america-or-apple-a-ninth-graders-lament/
Well now..... You don't know much, do you? Pittsburgh trained in Texas and they are going strong. They are collecting credit card delinquencies. Mortgages are a thing of the past there. They are going to have jobs from now until....................forever. They are smart and know how to run the business they do. Give it to them and they will do it!!!!! They aren't afraid of work. They aren't afraid of change. The rest of you just don't have the balls to take on new projects. Pittsburgh has the BEST employees on the Bank of America map. Face it, you don't have a job because you didn't have the ooooompfff to get r done. Pittsburgh did and always will. No lazy slugs there. You can count on it. Pittsburgh has excelled ............ In all ways and always!!!!!!!! So don't cry over spilled milk because Pittsburgh can do it and does it. Stop whining. Boo hoo. Go for it and you will get it.................. PITTSBURGH did!!!!!
The article was weak and it just regurgitated what we all already know...
Let's keep focus on BAC issues,
Favoring Merrill Lynch employees during layoffs and keep your Chairmen of the board CEO will only make things worse.
The original Bank of America, along with its roots, died in 1998 when NationsBank bought it which was touted back then as largest bank acquisition in history. The old name was retained simply for posterity. For all intents and purposes, this is NationsBank.
Great article! Clearly depicts 2 worlds under 1 roof, creating a broken home. I hope that BAC returns to the founders early mission of helping those less fortunate or greed will be its demise.
"The history of Bank of America dates back to October 17, 1904,[1] when Amadeo Giannini founded the Bank of Italy in San Francisco. The Bank of Italy served the needs of many immigrants settling in the United States at that time, a service denied to them by the existing American banks who were typically discriminatory and often denied service to all but the wealthiest" (Wikipedia)
We can all read, these headlines from primary media sources should be considered common knowledge. Not knocking you, but this type forum is extremely limited. So, let's just lay some ground rules everyone either knows, or refuses to acknowledge due to brain dead or ostrich syndrome, or prefers it thus due to their globalist view that the the worst of the current 3rd world living standard and the good old usa is on completely equal footing (which can only be achieved in that demented world view by reducing the US living standard, not lifting all the other's up), so prefer you bundle all your links into one "wouldn't you like to know post" at the end of your week and not clutter this board thus. Folks here are primarily interested in what is active on BAC's current layoff activity and not just a reposting off all things seen on drudge.
Yes, we all know USA native employment opportunities are under assault by the establishment globalist machine, and BAC is apparently very anxious to take part in that, if not one of the most ambitious proponents of it, but that topic can be dealt with in much better ways. Go Trump, for example.