bank of america

Ten Banks To Pay $8.5 Billion for Wrongfully Foreclosed Homes [AUDIO]
Ten Banks To Pay $8.5 Billion for Wrongfully Foreclosed Homes [AUDIO]
Ten Banks To Pay $8.5 Billion for Wrongfully Foreclosed Homes [AUDIO]
Ten major banks and mortgage companies have agreed to pay $8.5 billion to settle complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes. Utah and Wyoming wildlife agencies have come up with a fund way to get rid of unwanted fish in the Flaming Gorge Reservoir. Click past the jump to listen to Wyoming Radio News.
Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions
Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions
Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions
On Monday, Bank of America announced that part of its plan to cut $5 billion in spending by 2014 includes the elimination of 30,000 jobs. CEO Brian Moynihan made no mention of layoffs during an investor conference, and the bank says it expects the job losses to occur naturally through attrition and not rehiring when people vacate their positions.