gboogie.net Bank of America cutting 30000 jobs NEW YORK (CNNMoney) -- Bank of America said Monday that it plans to eliminate 30000 jobs as part of a plan to save $5 billion. The announcement came after Chief Executive Brian Moynihan outlined the bank's strategy at an investor conference in New York. BofA has already disclosed plans to eliminate a total of 6000 jobs this year. And it recently announced a management shakeup that effectively will split the bank into two units one serving consumer and one serving commercial clients. The bank said it expects a "significant portion" of the reduction in headcount to occur through attrition and the elimination of unfilled positions. BofA had a total of 287000 employees as of June 30. The move, part of an ongoing reorganization launched last year called the "Project New BAC," will play out over the next few years. In the first phase of the plan, BofA said it expects to save $5 billion, or 18% of its projected $27 billion in overall costs, through 2014. The second phase will begin in October and run through 2012. The cost reductions stem from changes BofA has made in its consumer and small banking business, credit card operations, home lending as well as global operations and certain support areas. "We're a much simpler company than we were 24 months ago," Moynihan said. Shares of BofA (BAC, Fortune 500) rose 1.3% in morning trading. The company's stock has taken a beating this year, tumbling about 48% from January. BofA's shakeup ...

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www.eliteassetacademy.com World Management Business Strategies is a member of Freedom Club USA that helps people obtain rebates on their current and past bank loans. Live Calls Mondays 9 PM Eastern 404-920-6610 PIN 556010# Backup: 760-569-7676 PIN 208283# 1) Freedom Club USA provides in-depth truth about the financial system and an easy way to claim awards due you for all your bank debt; current, old, new, repossessed, foreclosed or bankrupt. All eligible. No credit checks. 2) Mortgages, Credit Cards, Auto Loans, Student Loans, IRS/CRA payments 3) Awards begin at $100000 each. 4) Every debt you have or had with a US or Canadian insured bank qualifies.financial freedom money funds truth education new commentary talk debt award settlement Go to www.freedomclubusa.com to learn more.... Use Ambassador ID# 2816

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Duration: 8.73 min.
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www.FreedomClubUSA.com Live Calls Mondays 9 PM Eastern 404-920-6610 PIN 556010# Backup: 760-569-7676 PIN 208283# 1) Freedom Club USA provides in-depth truth about the financial system and an easy way to claim awards due you for all your bank debt; current, old, new, repossessed, foreclosed or bankrupt. All eligible. No credit checks. 2) Mortgages, Credit Cards, Auto Loans, Student Loans, IRS/CRA payments 3) Awards begin at $100000 each. 4) Every debt you have or had with a US or Canadian insured bank qualifies.financial freedom money funds truth education new commentary talk debt award settlement

click to view By: FreedomClubUSA
Duration: 5.95 min.
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My hero, Dave Ramsey, tells of abusive practices and the violation of Federal law incorporated by debt collectors - particularly credit card debt collectors. Most people do not know that they have rights guaranteed to them by the Fair Debt Collection Practices Act (FDCPA) and debt collectors knowingly and habitually break these laws in order to frighten them into paying. IT IS NOT AGAINST THE LAW TO OWE MONEY! Do not allow yourself to be lied to (example: "You're going to go to jail if you don't pay this" is one of their favorites!) or treated without the dignity you deserve. KNOW YOUR RIGHTS UNDER THE FDCPA: Collectors can NOT call you before 8 am or after 9 pm Collectors can NOT threaten to have you arrested or charged with a crime if you dont pay Collectors can NOT continue to call after you have indicated you want them to stop (record your conversation with them, tell them you ARE recording it, write the date and time down in a journal, and follow up with a certified letter stating they may no longer call.) Collectors can NOT call friends, family members or colleagues repeatedly in order to get you to pay (they may call your acquaintances ONCE in order to track you down and may NOT mention that you owe money or give ANY information that would lead someone to believe that they are attempting to collect a debt.) For more information on your rights under the FDCPA, please visit my website at www.myarrp.com (click on the "Help With Credit" link at the top.) To the scum ...

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Duration: 5.93 min.
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www.eliteassetacademy.com World Management Business Strategies is a member of Freedom Club USA that helps people obtain rebates on their current and past bank loans. Live Calls Mondays 9 PM Eastern 404-920-6610 PIN 556010# Backup: 760-569-7676 PIN 208283# 1) Freedom Club USA provides in-depth truth about the financial system and an easy way to claim awards due you for all your bank debt; current, old, new, repossessed, foreclosed or bankrupt. All eligible. No credit checks. 2) Mortgages, Credit Cards, Auto Loans, Student Loans, IRS/CRA payments 3) Awards begin at $100000 each. 4) Every debt you have or had with a US or Canadian insured bank qualifies.financial freedom money funds truth education new commentary talk debt award settlement Go to www.freedomclubusa.com to learn more.... Use Ambassador ID# 2816

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Duration: 9.70 min.
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Rebound Credit Solution's proven self-guided mortgage modification package has been utilized by countless Americans who were facing the same situation you're likely facing today, and which brought you to our website: Unfavorable Mortgage Terms and/or Rising Personal Debt And you know what? Those individuals who utilized our program have indeed "rebounded," negotiating more favorable and equitable mortgage terms with their lenders,and living their lives the way they should be lived.

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Duration: 1.98 min.
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Wisconsin Governor Scott Walker is taking the money from the mortgage settlement and instead of giving it to homeowners is redirecting the money toward the state deficit. Cenk Uygur discusses why Governor Walker would do that and why it's so hypocritical. Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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