BOA reducing 30K employees due to mergers and aquisitions not Obama's speech

Discussion in 'Politics' started by uscitizen, Sep 13, 2011.

  1. uscitizen
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    uscitizen Senior Member

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    Moynihan told investors the bank is carrying excess baggage from six major acquisitions it did between 2003 and 2008. Only recently has the assimilation of Countrywide and Merrill Lynch been complete.

    WFAE 90.7 FM

    I think I was the only one to get this right in the other thread which seems to have dissapeared.
     
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  2. Grampa Murked U
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    Grampa Murked U Diamond Member

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    I dont recall anyone blaming it on any speech. The title of that thread did not imply a link. Idiots looking for a reason to argue made the leap between the two.
     
  3. Ravi
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    Ravi Diamond Member

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    Someone started a thread yesterday claiming exactly that.

    Critical thinking is your friend.
     
  4. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Again, because everyone seems to get this wrong, BofA is not reducing 30k employees; they are reducing 30k jobs. There is a big difference. Many of these 30k positions are already unfilled and will simply be eliminated and many more will come from attrition. There will be some layoffs, but no where near 30k.
     
  5. hortysir
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    hortysir In Memorial of 47

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    I blame the ATMs

    :eusa_whistle:
     
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  6. uscitizen
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    uscitizen Senior Member

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    Bigger is better?

    30K positions is still 30K available jobs.
     
    Last edited: Sep 13, 2011
  7. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Im aware of that twit. And she clearly stated that she wasnt trying to make that implication. There is only so much room in the title bar to fit your thoughts in so your left cramming shit together.

    But of course with your critical thinking skills being what they are, im surprised that simple well known fact escaped you.
     
    Last edited: Sep 13, 2011
  8. uscitizen
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    uscitizen Senior Member

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    Must defend fellow nutzoids.
     
  9. Ravi
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    Ravi Diamond Member

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    :lol:
     
  10. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Not at all. She was asked about what she ment, she replied. Its that simple. Whats to deffend?

    If anything Im making fun of you morons for creating something out of nothing. Like you always do
     

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