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Old 08-19-2011, 10:31 AM
 
Location: 112 Ocean Avenue
5,706 posts, read 9,635,340 times
Reputation: 8932

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Quote:
Originally Posted by Chromekitty View Post
At least 10,000 jobs are likely to be eliminated.........


Bank Of America To Cut Thousands Of Jobs In Restructure | FoxNews.com
Get rid of one or two top execs instead. The savings would likely be the same.
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Old 08-19-2011, 11:35 AM
 
Location: Some got six month some got one solid. But me and my buddies all got lifetime here
4,555 posts, read 10,411,385 times
Reputation: 2162
Quote:
Originally Posted by Native_Son View Post
Even if the full 10K go that's only 3-5% of their total workforce.
Which, in turn, becomes yet another psychological blow to an already fragile economy.
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Old 08-19-2011, 03:11 PM
 
Location: Charlotte Metro Area
2,186 posts, read 4,185,932 times
Reputation: 1729
Quote:
Originally Posted by oldway View Post
Give it 2 years and PNC will be down here too.
Sooner than that:

PNC to Buy RBC
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Old 08-31-2011, 10:32 AM
 
Location: Near the water
8,237 posts, read 13,522,604 times
Reputation: 3899
"NEW YORK The lawsuits against Bank of America are piling up."



Bank of America sued by US Bancorp over mortgages | CharlotteObserver.com & The Charlotte Observer Newspaper (http://www.charlotteobserver.com/2011/08/30/2565495/bank-of-america-sued-by-us-bancorp.html#storylink=misearch - broken link)
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Old 08-31-2011, 11:52 AM
 
15,355 posts, read 12,657,698 times
Reputation: 7571
I have no pity for US Bancorp... they bought loans that were bad, it's business. Corporations need to learn that you can't win on every deal.
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Old 08-31-2011, 12:13 PM
 
Location: Near the water
8,237 posts, read 13,522,604 times
Reputation: 3899
Quote:
Originally Posted by Feltdesigner View Post
I have no pity for US Bancorp... they bought loans that were bad, it's business. Corporations need to learn that you can't win on every deal.

Curious as to who else is suing them....
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Old 08-31-2011, 01:25 PM
 
15,355 posts, read 12,657,698 times
Reputation: 7571
Quote:
Originally Posted by Chromekitty View Post
Curious as to who else is suing them....
probably everyone who lost money....
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Old 08-31-2011, 01:47 PM
 
3,774 posts, read 8,199,422 times
Reputation: 4424
Quote:
Originally Posted by Chromekitty View Post
Curious as to who else is suing them....
you should do your homework then
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Old 08-31-2011, 03:19 PM
 
Location: Near the water
8,237 posts, read 13,522,604 times
Reputation: 3899
Quote:
Originally Posted by Native_Son View Post
you should do your homework then

and when I have time I will...
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Old 08-31-2011, 05:34 PM
 
202 posts, read 347,482 times
Reputation: 186
Quote:
Originally Posted by Ex-LI View Post
Sooner than that:

PNC to Buy RBC
Yep I already new that but that is more up around raleigh. I think they bought RBC just to get the presence in NC. Like I said it will be 2 years and they will besetting up shop in the plaza building as boa slowly moves out of that building.
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