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Old 09-12-2011, 04:48 PM
 
46 posts, read 53,432 times
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Quote:
Originally Posted by Texas User View Post
30K jobs cut.
What are you implying? I think it's a great move.
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Old 09-12-2011, 04:59 PM
 
12,671 posts, read 23,800,475 times
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Quote:
Originally Posted by Honestmike View Post
What are you implying? I think it's a great move.
Well not for people who won't have the jobs.
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Old 09-12-2011, 05:44 PM
 
Location: Wherever women are
19,012 posts, read 29,710,427 times
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Quote:
Originally Posted by Texas User View Post
Well not for people who won't have the jobs.
Who cares about them?

I know some BAC employees who work from home and sit on Facebook all day, posting pics of their kiddies returning to school.

BAC can do better off without paying these imbeciles
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Old 09-12-2011, 07:22 PM
 
12,671 posts, read 23,800,475 times
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Quote:
Originally Posted by Antlered Chamataka View Post
Who cares about them?

I know some BAC employees who work from home and sit on Facebook all day, posting pics of their kiddies returning to school.

BAC can do better off without paying these imbeciles
How would you feel if your job was lost?
But you are ok with the bonuses paid out to those fat cats who got bailed out?
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Old 09-12-2011, 08:11 PM
 
3,335 posts, read 2,984,915 times
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Quote:
Originally Posted by Antlered Chamataka View Post
Who cares about them?

I know some BAC employees who work from home and sit on Facebook all day, posting pics of their kiddies returning to school.

BAC can do better off without paying these imbeciles
The Bank is going to continue this slow death and dismemberment. Management should be ashamed of their failures. In Japan some still kill themselves in shame.

I find it hard to cheer the drowning of the Titanic's passengers.

This bank is over. They took self seeking to a new level. Watch the deposits evaporate.
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Old 09-12-2011, 10:12 PM
 
12,671 posts, read 23,800,475 times
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Quote:
Originally Posted by modeerf View Post
The Bank is going to continue this slow death and dismemberment. Management should be ashamed of their failures. In Japan some still kill themselves in shame.

I find it hard to cheer the drowning of the Titanic's passengers.

This bank is over. They took self seeking to a new level. Watch the deposits evaporate.
BAC will not fail ever. Its too big to fail. If it was going to fail, it would have already. Why do you think Buffett invested $5 Billion?
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Old 09-12-2011, 10:32 PM
 
Location: Wherever women are
19,012 posts, read 29,710,427 times
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Quote:
Originally Posted by Texas User View Post
BAC will not fail ever. Its too big to fail. If it was going to fail, it would have already. Why do you think Buffett invested $5 Billion?
It's never too big when it's split up. Anything can happen. They can separate the mortgage division and that will make the other part stronger.
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Old 09-13-2011, 07:52 AM
 
3,335 posts, read 2,984,915 times
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Quote:
Originally Posted by Texas User View Post
BAC will not fail ever. Its too big to fail. If it was going to fail, it would have already. Why do you think Buffett invested $5 Billion?
Buffett invested 5 billion, because when it fails, he gets paid first. At a really nice interest rate.
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Old 09-13-2011, 12:16 PM
 
46 posts, read 53,432 times
Reputation: 16
It's a struggle for BAC today. Bought some puts and waiting for a sell off.. LOL
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Old 09-13-2011, 12:31 PM
 
Location: Wherever women are
19,012 posts, read 29,710,427 times
Reputation: 11309
Quote:
Originally Posted by Honestmike View Post
It's a struggle for BAC today. Bought some puts and waiting for a sell off.. LOL
Man I tell ya... swing trading on BAC and STD is a dream come true

However, BAC is a safer bet than STD at this moment, yikes. That reminds me I have not tracked BBVA in a long, long time.
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