I've been withdrawing from the Boston Globe because this is the first article I have read in two days. The pile of new unread papers is now up to two, and I have no motivation to read agenda-pushing garbage or elitist insults.
Sorry, readers. I resolve to buckle down and try to get through my Boston Globes. The problem is I start checking out blogs and by the time I return to the Globe I realize what a lying, divisive, diversionary, obfuscating, agenda-pushing, war-promoting, pos supremacist propaganda I'm no longer in the mood.
"Bank of America to close print operation; 150 employees to lose jobs at Malden facility; move made as more use online statements" July 07, 2011|By Todd Wallack, Globe Staff
Bank of America Corp., the state’s biggest bank, plans to close a printing operation in Malden and shift the work to other states by next spring, eliminating 150 local jobs.
Company spokesman T.J. Crawford said the bank no longer needs the Malden plant, which handles high-speed printing jobs for customer mailings and inserts, as more customers opt for online statements and information.
That's because BofA is CHARGING FEES for PAPER STATEMENTS NOW!
Of course, that fact is omitted from the article. That would spoil the spin, wouldn't it?
A Forrester Research study last year found nearly one-quarter of US bank customers relied exclusively on electronic statements.
The bank plans to shift the printing work to sites in Delaware, New Jersey, and Texas and complete the transfer by April. It will begin laying off workers next month.
Oh, isn't that sweet?
Crawford said the bank will retain other operations in Malden, where it has more than 500 employees. Statewide, the bank employs 7,000, more than other retail banks in Massachusetts. That’s down from 9,000 in 2007.
And yet in month after month of Globe economy stories we were told the state financial sector added jobs.
“Our commitment to Massachusetts is stronger than ever and that is backed up by our local lending and charitable giving,’’ Crawford said. “We will remain a major employer in the Commonwealth for years to come.’’
Yeah, you banks are great community citizens.
I'm to the point where I am tired of the whole usurious industry, but then again, I've been a cash-only guy for a long, long time now. I ain't got much, but that's what I've use.
Yesterday, the bank told Connecticut officials it will be laying off more than 100 workers in Hartford and East Hartford.
Oh, so it AIN'T JUST US, huh?
Spokeswoman Nicole Nastacie said the bank is eliminating 56 positions at its Hartford cash vault site, transferring the work to Dedham and Schenectady, N.Y.
The bank is also exiting its East Hartford lockbox site, affecting about 50 workers. The work will be relocated to Boston’s Dorchester neighborhood. The move was originally announced in 2009....
What is with the f***ing shell game?
Bank of America’s downsizing is notable because of its large presence and promise to maintain local employment when it bought FleetBoston, then the region’s biggest bank, in 2004.
Oh, the bank broke a promise?
Did they return your phone call?
The bank said it kept its commitment for several years, but has since consolidated in the wake of the financial crisis and economic downturn....
And yet Bof A just made something like $1.7 billion in profits last quarter alone.
That ENGINEERED DISASTER that is DESTROYING the MIDDLE CLASS and leading the world towards a FASCIST GOVERNMENT under CENTRAL BANKS and their institutions like the IMF benefited WHO?
Yes, I hate to be the one to say it but the GENIUSES who CAN'T FIGURE OUT the VERY SYSTEM they constructed have been working on the plan for decades and THIS IS PART OF IT! They intend to impoverish the entire world so they can have all the money sent there way with unlimited slaves serving for infinity.
The rest of the world can see it; why Amurkns can't is beyong me. Maybe it's the chemicals and prescription drugs in the water.
Bank of America isn’t the only bank cutting staff. Danversbank recently said it planned to cut 91 jobs as a result of its sale this month to People’s United Bank of Bridgeport, Conn.
People’s United spokesman Brent DiGiorgio said most of the affected employees are in Danversbank’s “back office’’ operations such as account processing, that duplicated its own.
“There should be little, if any, impact on customer-facing employees,’’ DiGiorgio said. Most of the affected workers will be laid off at the end of October.
Yes, those newly unemployed people will be invisible!
Then you can gobble up crap like this and like it and believe it despite what you see with your eyes in your own town!
Not every bank is cutting jobs.
Honestly, I'm sick of the Globe ALWAYS COMING BACK with the SPIT-SHINED, TOWEL-BUFFED TURDS with a smiley-face.
TD Bank and Capital One Financial Group both plan to open new branches in Massachusetts. Bank of New York Mellon Corp., the world’s largest custodial bank, recently pledged to add nearly 400 jobs in Westborough, including at least 250 being moved from Pawtucket, R.I., where it is closing a facility.
Oh, we are BENEFITING off of RHODE ISLAND'S MISERY, huh? Well, THAT IS NOT the KIND of JOB-CREATING ECONOMY I WANT!!
Related: Massachusetts Mellons
Mellon is getting a tax check after overcharging the state pension fund millions for currency transactions?See:
In addition, Edward Jones, one of the country’s largest investment brokers, said it plans to add 23 offices in eastern Massachusetts in the next three to five years....
It's so easy to make a bulls***, agenda-pushing, stock-goosing promise, isn't it?
--more--"
Related: BofA loses motion to dismiss major lawsuit from homeowners
Yeah, they did everything right and were still screwed by the good old BofA.
I wonder if they still collected the thousand dollars.
Also see: Bank of AmeriKa Buys Back Fraudulent Mortgage-Backed Securities
They all got rich destroying the U.S. and European economies selling their fraud, but why should that mean time in a courtroom or jail cell, 'eh?
And even if they went condo....
Yeah, it's rich person's paper.
