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Monday, September 12, 2011

Bank Of America To Cut 30,000 Jobs - Orlando News Story - WESH Orlando

Bank Of America To Cut 30,000 Jobs - Orlando News Story - WESH Orlando:
"(CNN) -- NEW YORK (CNNMoney) -- Bank of America said Monday that it plans to eliminate 30,000 jobs as part of a plan to save $5 billion.
The announcement came after Chief Executive Brian Moynihan outlined the bank's strategy at an investor conference in New York."

Wait! I don't get it. Wasn't this a bank that WE (taxpayers) bailed out? Where did all the money go? Did they pay the government US, you and me (taxpayers) back. Isn't this a form of legal Bank Robbery? 30,000 jobs Who is going to pay for that?

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