The layoffs are, that is.
Home Depot, Sprint Nextel, Pfizer and Caterpillar all announce layoffs. Hope is still not a strategy and this economy better bottom soon because the unemployment rate lags.
****
Apparently John Thain is (a) going to pay BofA back for his $1.2 million office, and (b) go on CNBC after the close to defend himself or promote his sure-to-be-coming book or something. Shame on BofA for trying to throw him under the bus. If they didn't know what they were buying then they got what they deserved.
No comments:
Post a Comment