My work, sadly, still has credit cards with Bank of America. I have been on hold with them for the last 38 minutes and counting. You see Bank of America decided it was an awesome idea to fire a bunch of people so that they could have “fourth quarter 2013 net income of $3.4 billion.“ Oh no. Sorry. Did I say fire? I meant “lower personnel expenses…to streamline processes and achieve cost savings.”
Why are we not outside these banks with pitchforks again?
Maybe some people actually thought that a portion of the 8.5 billion fine for foreclosure abuse and the 11.6 billion to Fannie Mae was punishment enough? Not even a year’s worth of profits people.
More about Bank of America’s run for most corrupt bank here.