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Fri., 9:42am: Bank of America to lay off 1,100, close Ohio sites

August 30, 2013

BEACHWOOD — Bank of America Corp. will lay off more than 1,100 employees as it closes two suburban Cleveland offices and one in Cincinnati while shrinking its mortgage operations....

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(14)

Goneforgood

Aug-31-13 6:53 AM

Sorry Igot2cents but all the “thieves in suits” are in DC. On second thought I was wrong right now they are all on vacation for 6 weeks.

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Igot2cents

Aug-30-13 8:37 PM

good. everyone should boycott BOA. they are thieves in suits. All of them should be on trial right now but when you're part of the elite, you're above it all.

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LaidOffDrone

Aug-30-13 1:35 PM

Its tge democrats! lol

(-:

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NewtonFallsHowland

Aug-30-13 1:06 PM

WP, it's all good! We are in the middle of a robust recovery, so they can find one of the many jobs created by our great leader.

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NewtonFallsHowland

Aug-30-13 1:03 PM

I have something to tell you, Rezistance. Not sure if you know this or not, but Bank of America, Huntington, Chase, all the banks sell these mortgages to Freddie and Fannie. Indirectly, and partially it means that the gov owns your home, unless of course it's paid off. Wonder how they are going to do that diversification of neighborhoods? This could be a way to do accomplish that objective. They can make the slope pretty slippery by rejecting mortgage payments and reserving the right to foreclose. B of A, etc only service and collect on those loans, it's Fan & Fred at the helm.

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WarrenProud

Aug-30-13 1:01 PM

$600,000 my typo

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WarrenProud

Aug-30-13 1:00 PM

How's Kasich's Jobs Ohio program working out? Not so good for these BAC employees in Ohio, but he's collected $600,00 in consulting fees so far. Ed Fitzgerald for Governor!.

2 Agrees | 6 Disagrees | Report Abuse »

Zenieth

Aug-30-13 11:09 AM

They wouldn't be today if it wasn't for bailout money. They given out millions in bonus compensation yet again, this year. Don't get too alarmed as they are only streamlining the low profit markets.

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Rezistanceisfutile

Aug-30-13 10:57 AM

F this criminal bank. Wrongfullly denying mortgage mods and foreclosing on active duty soldiers homes while they are deployed is as low as it gets. I hope they go bankrupt but they are too big to fail!

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FamilyGuy

Aug-30-13 10:31 AM

A foretaste of things to come?

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eyesonyou2

Aug-30-13 10:24 AM

Maybe they can land one of those high paying jobs at McDonalds.

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CommonSense

Aug-30-13 10:13 AM

Summer of recovery

7 Agrees | 3 Disagrees | Report Abuse »

NewtonFallsHowland

Aug-30-13 9:59 AM

Those darn greedy corporate robots! Make them pay more taxes!! Good thing we are in such a robust recovery, they can land a new part time job and not add to the unemployment ranks.

7 Agrees | 4 Disagrees | Report Abuse »

nortman

Aug-30-13 9:55 AM

I wonder if their "credit cards for illegal aliens" program might have something to do with their financial issues now.

5 Agrees | 5 Disagrees | Report Abuse »

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