04 Jun '12, 4am

Bank Of America Goes On Hiring Spree...Overseas | Care2 Causes

Bank Of America Goes On Hiring Spree...Overseas | Care2 Causes

Three years ago it became obvious that the fraudulent, irresponsible lending practices of America’s biggest commercial banks were responsible for the country’s rapid economic decline, and once again, taxpayers picked up the slack. The federal government doled out billions of our hard-earned tax dollars to bail out the banks and pull the economy out of a terrifying tailspin. Bank of America alone took $45 billion in the federal bailout, but it seems that the past three years have giving the bank’s executive’s a case of selective amnesia. Last fall, Bank of America announced that it would lay off 30,000 America workers in a “restructuring” plan following the housing bust. Now that things have calmed down, Bank of America is looking to add some employees again…but local talent need not apply. The bank, which is the second-largest in the country, is relocating its business-sup...

Full article: http://www.care2.com/causes/bank-of-america-goes-on-hirin...

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