
Steve Jobs never dressed like a typical CEO. He looked more like a bus driver than the head of a giant corporation.
PERSONAL TOUCH REPLACED
BY PENNY-PINCH MENTALITY,
COST-SAVING TECHNOLOGY
Unhappy, stressed out bank president
opts to become a carefree bus driver
By David Maril
Saturday a Bloomberg News story appeared in the Baltimore Sun alleging that Bank of America had been rewarding employees with bonuses for meeting mortgage quotas on foreclosures, steering customers into losing their homes instead of helping them apply for U.S. loan assistance.
According to statements from former Bank of America employees filed in federal court in Boston, they were awarded $500 bonuses and given gift cards for putting at least 10 customers into foreclosure.
If this proves to be true, so much for friendly neighborhood banking. But is this type of policy so hard to believe?
Have you recently tried to conduct banking business with a familiar customer service representative?
Impossible.
Personnel are shifted around from branch to branch. It’s amazing employees can keep track of where they are supposed to report to work each day.
The ultimate goal is to eliminate jobs and train all of us to do all banking either online or on ATM machines.
Every time I go into a bank, stand in line and make a deposit, the teller gives me a lecture on how I can save time and make the transaction outside of the bank at an ATM machine.
I reply that if people like me start doing that, people like her, or him, will be out of a job.
This type of corporate downsizing has been going on for years.
During a trip this April I was talking to a bus driver on a shuttle out of Logan Airport in Boston and he was telling me he’d been a president at two banks on Cape Cod but had walked away from the business 10 years ago.




![Holder,Eric&Obama[fromRandy'sRoundtable]](http://voiceofbaltimore.org/wp-content/uploads/2013/06/HolderEricObamafromRandysRoundtable-300x265.jpg)


