KGAB 650AM » bank of america http://kgab.com KGAB, Your source for Cheyenne news and talk Mon, 20 May 2013 13:15:57 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Ten Banks To Pay $8.5 Billion for Wrongfully Foreclosed Homes [AUDIO] http://kgab.com/ten-banks-to-pay-8-5-billion-for-wrongfully-foreclosed-homes-audio/ http://kgab.com/ten-banks-to-pay-8-5-billion-for-wrongfully-foreclosed-homes-audio/#comments Mon, 07 Jan 2013 22:45:35 +0000 Cheyenne News Staff http://kgab.com/?p=234474 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.

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]]> http://kgab.com/ten-banks-to-pay-8-5-billion-for-wrongfully-foreclosed-homes-audio/feed/ 0 (Justin Sullivan/Getty) Bank of America to Cut 30,000 Jobs As Part of $5 Billion Reductions http://kgab.com/bank-of-america-cut-30000-jobs/ http://kgab.com/bank-of-america-cut-30000-jobs/#comments Mon, 12 Sep 2011 18:18:31 +0000 Shauna Wright http://tsminteractive.com/?p=45443 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.

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]]> http://kgab.com/bank-of-america-cut-30000-jobs/feed/ 0 Davis Turner, Getty Images