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Lets see, Bank of America lost 2.24 billion in the third quarter?
How much of a bonus will their top execs be given?
Will the reasoning be that the loss would have been much greater without them?
Yes Fluke. They are all brilliant knights in shining armor who care only for the little guy
Sorry, you lose me on that comment. You can't defend them to me. Don't forget this is the first bank that offered illegal aliens credit cards. Is there a possibliity they contributed to the loss as well?
8 Answers
- Anonymous1 decade agoFavorite Answer
LOL!!! THEY WILL GET 2. 5 BILLON IN BONUSES AND LAUGH AT REST OF STUPID NATION WHILE TAKING VACATIONS
- Anonymous1 decade ago
lets look at this for a moment... the reason they lost money is cause they made loans that they couldnt collect on, mostly housing loans. Its not their fault that the housing market collapsed, and their decisions at the time to loan the money were sound decisions, based on the fact that no one can predict the future. Basically, this is a bank, helping people buy homes, or at worst, refinance homes they already bought.
I would have no problem with their execs receiving big bonuses...
a) they earned them
b) if BoA doesnt pay them, they will quit and go somewhere else that WILL pay them, leaving BoA in even worse shape.
- Anonymous1 decade ago
Yay!!! hope they fail, I quit B of A because they have such ridiculous fees. Maybe millions of others have seen the light. They should change their name to Bank of Capitalist America. Wasn't there talk recently of passing a bill that no more banks could get bailouts?
- † PRAY †Lv 71 decade ago
Please, you are not going to be critical of their bonus. We are in a serious recession and they need their poor million dollar bonus's
These are needy people that might have to resort to taking a commercial jet instead of their private leer.
They would suffer. They need their bonus & besides Obama will bail the bank out.
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- Anonymous1 decade ago
Great points. Yes, this is a large loss.
Source(s): http://www.buffettcapitalists.com/ - 1 decade ago
Charging 30.00 a pop for overdrafts lined some pockets i bet!
Source(s): A Bank of America Acct holder - Anonymous1 decade ago
why u feel sorry for the basters, like to see all those big bank go under, what they lost that just peanuts
- Anonymous1 decade ago
Capitalism is very corrupt.