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Bank of America announced Monday morning plans to lay off 30,000 employees over the next few years. The largest bank in the country, Bank of America has battled a plummeting stock price and a pile of bad mortgages.
In a statement, the bank said its goal is "not a given number of job reductions," but to focus "all of its resources on serving individuals, companies, and institutional investors."
The Charlotte, N.C.-based bank said it will cut $5 billion in costs.
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"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."
Lets see how the logic of the right works, Bank of America makes bad loans in the 90's and because investors have lost confidence in their company they are in trouble... They are not able to completely to recover even though Buffet makes a sizable contribution to keep them afloat.
Obama makes a speech on Thursday and the following monday they announce they are going to lay off 30,000 employees over the next several years.
And this is because of a plan that has not even been debated in Congress?? Weird logic at its finest...
Matty Drudge says thanks for not thinking and following along.
“We like to say that dependability is more important than ability,” Bill Belichickism....