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Bank of America announced it will cease its efforts in wholesale mortgages and cut 3000 jobs.
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Bank of America Job Cuts Questions
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Why are Citigroup and Bank of America buying MBS on the secondary market? 1 AnswerThey are doing it to make money. See: http://www.zacks.com/stock/news/18599/C,+BAC+Pushing+Prices+Up%3F How does it work. These securities are marked down beca... read more -
Will Bank of America oust Ken Lewis and remove the entire Board of Directors? 1 AnswerI'm guessing that he survives and that the majority of stockholders will blame the government. read more
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Bank of America Job Cuts Blogs and Commentaries
- Financial Times Blog: B of A gets the scythe out - but it's record promotions at Goldman (October 25, 2007)
- BloggingStocks: Bank of America Cuts 3,000 People, Sacks Senior Exec (October 24, 2007)
- Market Watch: B of A's Investment Banking Problem (October 25, 2007)
- Google Blog Search: Bank of America Job Cuts
- This result, Bank of America Job Cuts, is currently a stub, a brief collection of the best links for this story. The page will be updated as we find more information.
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