We really need to know if this panic is related to the junk bond funds floating the collapsing fracking industry. How much money on CDS and CDO is at stake in the shadow banking industry. Just tell us little people and we'll stop worrying about the BIG PICTURE..
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This is a $5 dollar stock!
But the bank made money every day but 1 in the 4th qtr. However, it is more important than ever to cut fixed expenses. Bonuses, bonuses. (thanks for the link; CEO has great presentation skills)
Thanks for the link. Not a lot of reading between the lines needed from the message coming from the top this year. Grinding down expenses. Last years regular layoff pattern continues into 2016. Just sit back and wait.
How to effectively manage your business when confused about your growth model and products.
According to the link, Let us fire one skill set and hire in a new skillset (salesman).
The new BAC headcount elimination innovation, helping to keep profits on the balance sheet.
So simple a child could do it.
http://www.msn.com/en-us/money/videos/boa-ceo-tug-of-war-being-played-out-in-markets/vp-BBowV4F