Illusion of Prosperity: Exponential Trend Failure of the Day

Tuesday, May 1, 2012

Exponential Trend Failure of the Day

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May 1, 2012
Bank Of America Keeps Getting Leaner, 2000 More Jobs Cut

Brian Moynihan wasn’t kidding last year when he promised to transform Bank of America into a “leaner” company.

Source Data:
St. Louis Fed: Custom Chart

2 comments:

Mr Slippery said...: FTA,
The number of total full-time employees at BofA has dropped 3.5% to 278,700 from 289,000 in the first quarter of 2011.

All I can say is, 278,700 to go.; May 1, 2012 at 10:18 PM
Stagflationary Mark said...: Mr Slippery,

There's an article I *really* want to heckle concerning Corporate America's massive hoard of cash.

The FRED database is undergoing maintenance though. Oh the humanity!; May 1, 2012 at 10:35 PM

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