From the Drudge Report today: Bank of America posts $2.24 billion in losses on home loan defaults.
Maybe their borrowers defaulted because they took BofA’s advice, and bought pizza to make dough?
That’s a pretty cute headline I saw in the lobby at my local Bank of America the other day. “Buy Pizza, Get Dough.” Get it? Don’t worry, not many other people do, either.
It made me think of some less cute headlines that have been in the news lately:
Is it too much to ask BofA to be less jovial about their schemes to stockpile more of our money — especially when they’re back-dooring fee increases on things like safe-deposit boxes and giving Merrill Lynch executives huge bonuses?
A few BofA headlines I’d like to see… Continue reading