30K American jobs scratched. Roman Romulo, deputy majority leader of the Philippine House of Representatives, bragged to the Manila Standard Today earlier this month that the Philippines “has secured its place as the world’s fastest-growing outsourcing hub.” Romulo pointed out that BofA is the last of the “big four” US banks to move their business-support [...]
Gladwell hired by Bank of America to attract small business accounts
Posted on November 19, 2011 ·
Can you really bother to begin to trust his journalistic opinions and critiques of the banking industry after this? He’s basically a public lobbyist for BOfA. I don’t agree with Taibbi, but I can trust that his opinions of banks and the credit crisis are honestly held and favor a journalistic standard rather than a weird [...]
Bank Of America to return TARP
Posted on December 4, 2009 ·
Bank of America said late Wednesday it planned to return the entire $45 billion in bailout money it received from the government over the past year. The move would allow Bank of America, the nation's largest lender, to wriggle free from a variety of government restrictions it has had to abide by, including pay caps [...]