As Layoffs Loom, BofA Employees Flooding Rival Banks With Resumes

Wednesday, November 2, 2011
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank.
Foreclosure-Mocking Law Firm Apologizes For Costumes
Nearly Half Of Oldest Unemployed Have Been Jobless For Over A Year
Occupy Wall Street Group Looks For Financial System Fixes
Michigan's Economic Recovery Second Fastest In The Nation
BLOG POSTS
Jared Bernstein: Lessons From MF Global
The unraveling of MF Global provides a stark reminder of why we need to implement the Dodd-Frank financial reform legislation, a policy that every Republican candidate for president has promised to repeal.
Bill Moyers: People "Are Occupying Wall Street Because Wall Street Has Occupied the Country"
2011-11-02-djjdfjkdjfmoyers.jpgOur politicians are little more than money launderers in the trafficking of power and policy -- fewer than six degrees of separation from the spirit and tactics of Tony Soprano.
Henry Juszkiewicz: Repeal the Lacey Act? Hell No, Make It Stronger
On August 24, agents from the Fish and Wildlife Service raided the facilities of my company, Gibson Guitar. The raid has ignited a furious debate around a seminal environmental protection statute -- the Lacey Act.
Van Jones: Tax the One Percent -- Make Wall Street Fund America
The Congressional Super Committee has been charged with finding $1.5 trillion in deficit reductions and has floated the idea of targeting Social Security, Medicare, and Medicaid. But take note: a recently proposed Wall Street Tax on financial transactions would cover nearly all of the Super Committee's mandated deficit reductions. So Congress is about to face a telling choice. Will they vote to tax Wall Street gamblers in the 1%, or cut the Social Security checks of senior citizens in the 99%? Members of Congress should be warned: If they vote against the 99% on this, they should be prepared for the 99% to vote against them next November.
Ming Chen: 5 Myths About MBAs
Is the MBA no longer about training tomorrow's captains of industry? While, certainly, a few bad apples have given MBAs an aura of infamy, I'd like to bust a few commonly held myths about MBAs.
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