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Bryan Moynihan and Dodd-Frank Layoffs At Bank of America
Blog ^ | 9/14/11 | Noman

Posted on 09/15/2011 7:38:38 AM PDT by Sick of Lefties

The WSJ rightly links the announcement to over-regulation generally, and Dodd-Frank specifically, which somehow managed to impose comprehensive control upon the entire financial system without addressing the actual easy money and housing policy causes of the fianancial crisis. Naturally, every political boondoggle has its consequences-- 30,000 jobs at BofA in the extant case--which Olympian legislators failed to consider while smiting the impious, legislating morality, covering their derrières and, generally, saving the planet.

(Excerpt) Read more at nomansays.blogspot.com ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: banking; doddfrank; moynihan
Blame the 30,000 layoffs announced at BofA on inept government, and management.
1 posted on 09/15/2011 7:38:48 AM PDT by Sick of Lefties
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To: Sick of Lefties

I’m fantasizing that investigations continue to shed light on the Dems crony corruption and will eventually lead to some jail time for Dodd, Frank and many more.


2 posted on 09/15/2011 7:43:26 AM PDT by demkicker (My passion for freedom is stronger than that of Democrats whose obsession is to enslave me.)
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To: demkicker

I’d LOVE to see the Serbophobe Dodd and the overrated faggot Frank go to jail!!!!


3 posted on 09/15/2011 7:53:58 AM PDT by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: Honorary Serb
Me too - They are drenched in corruption and should be prosecuted for their involvement in the housing bust with Fannie Mae. I hope their names become synonymous with profanity.
4 posted on 09/15/2011 7:59:22 AM PDT by demkicker (My passion for freedom is stronger than that of Democrats whose obsession is to enslave me.)
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To: Sick of Lefties

I blame BoA more than the government. They suck. I was so happy to pay off my house and be done with them 2 months before the crash in 2008.


5 posted on 09/15/2011 1:52:55 PM PDT by packrat35 (America is rapidly becoming a police state that East Germany could be proud of!)
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To: Sick of Lefties

This is why the Bank of America bankster ran to Perry. Regulation reform. Permitting Barney Fwank to write the regulations for banksters was like permitting the fox to protect the chickens.

The IMF is also trying to set up regulation authority and taxation over the globe’s banksters.

The American banksters are big socialist citizens of the world until this oppressive and disgusting ideology comes back on their own heads. Suddenly they are American-Americans running to their free Nation for protection from global socialism. The tenth amendment king suddenly looks like mommy and apple pie.


6 posted on 09/15/2011 2:32:34 PM PDT by SaraJohnson
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