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Bank of America CEO gets all whiny over criticism. It's working, folks!

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stevedeshazer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:57 PM
Original message
Bank of America CEO gets all whiny over criticism. It's working, folks!
Incensed Moynihan Fights BofA Critics in Letter Campaign

Bank of America Corp. (BAC) Chief Executive Officer Brian T. Moynihan said hes incensed by public criticism of his company and is pushing back by reminding local leaders of its contributions to their economies.

Moynihan, 52, told employees in a global town hall meeting last week from the firms Charlotte, North Carolina, headquarters that the place to win the battle over the banks battered public image is at the state and municipal level.

Bank of Americas outreach campaign is part of Moynihans effort to turn around the lender since he took over as CEO in January 2010 following two taxpayer bailouts. His plan to charge some debit-card users a $5 monthly fee drew reprimands from President Barack Obama and lawmakers, including U.S. Senator Richard Durbin, the Illinois Democrat who said customers should withdraw their deposits in protest.

I, like you, get a little incensed when you think about how much good all of you do, whether its volunteer hours, charitable giving we do, serving clients and customers well, Moynihan said during the Oct. 18 gathering. To the banks critics, he said, You ought to think a little about that before you start yelling at us.


More at link:

http://www.bloomberg.com/news/2011-10-26/-incensed-moyn...
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 06:59 PM
Response to Original message
1. Why is that POS still breathing our air? nt
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Aerows Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:01 PM
Response to Original message
2. Well, Brian
BoA has also done a tremendous amount of harm, and your whining isn't going to endear you to the people you've caused harm to.

If you are a pedophile or a murderer, it really doesn't matter how much other "good" you've done, you are still responsible for the crimes you committed.
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phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:04 PM
Response to Original message
3. k&r
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Raksha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:30 PM
Response to Reply #3
11. Wow - that says it all!
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rustydog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:07 PM
Response to Original message
4. CEO speak: "We've paid for you whores, why do you allow whining
shut the "little people" up, and do it now."
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raccoon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 10:07 AM
Response to Reply #4
17. You got that right! nt
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wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:11 PM
Response to Original message
5. STFU and pay some taxes. nt
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2pooped2pop Donating Member (212 posts) Send PM | Profile | Ignore Thu Oct-27-11 07:14 PM
Response to Original message
6. "pushing back by reminding local leaders of its contributions to their economies.
bingo, translation "send in the riot police and get rid of those protesters, or you won't get your contributions"

There's one reason the police seemed to have developed a multi city riot gear raid on the campers.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:14 PM
Response to Original message
7. BoA can take a flying f**k at the moon.
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Scuba Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:15 PM
Response to Original message
8. After careful consideration of his missive...
<a href="http://imgur.com/T3WSy "><img src="" title="Hosted by imgur.com" /></a>
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fishwax Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:15 PM
Response to Original message
9. lol -- poor, misunderstood Brian Moynihan
:rofl:
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Kaleko Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 07:26 PM
Response to Original message
10. He's not the only one pleading for leniency in the court of public opinion now.
I saw an interview of hedge fund owner Ray Dalio (Bridgewater = the largest hedge fund in the world), with Charlie Rose the other day. In it, Dalio appears nervous, desperately arguing that people need to understand how "the machine works" before judging his conduct. What I heard him say underneath the words was, "Please don't lynch me, I only did what the machine dictates to any manager of vast sums of wealth."

The smart ones among the "financial Titans" know something huge is coming... When constant lies are no longer effective in putting enough people to sleep, there will be tidal waves crashing against the predatory financial system.
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TNLib Donating Member (683 posts) Send PM | Profile | Ignore Thu Oct-27-11 07:52 PM
Response to Original message
12. Wow he's the greatest PR speaker ever. NOT!!!
nt
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stevedeshazer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 08:38 PM
Response to Reply #12
15. Yeah, that doesn't seem like a good way to win people over to his side.
Which, of course, is to enrich himself.
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 08:13 PM
Response to Original message
13. Contribute to society for a change instead of buying another fucking Lexus you ASSCARROT!
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Robb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 08:16 PM
Response to Original message
14. His base salary last year was $950,000.00.
Plus a cool million in additional compensation. That's almost $2 million. Last year.

Fuck this guy, seriously.
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MadrasT Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 10:06 AM
Response to Original message
16. Jackass. n/t
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quinnox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 10:11 AM
Response to Original message
18. Typical, a guy sitting in his gold plated mansion is angry
at people not happy about getting nickel and dimed to oblivion by his bank.

"Just shut up and take it quietly people! I need my big bonus this year, how else can I pay for my new yacht?"
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