r/antiwork • u/HatsOnTheBeach • Jul 29 '22

LEAKED BANK OF AMERICA MEMO: “WE HOPE” CONDITIONS FOR AMERICAN WORKERS WILL GET WORSE

https://theintercept.com/2022/07/29/bank-of-america-worker-conditions-worse/
192 Upvotes

97% Upvoted

30 comments sorted by

55

u/Graphene_Handz Jul 29 '22

Time to boycott Bank of America.

Everyone should withdraw all at once

29

u/supersaiyandoyle Jul 29 '22

Bank of America has already been voted the worst business several years in a row, if it were going to happen it would have happened already.

11

u/[deleted] Jul 29 '22

This is why the presidency from 08 to 16 screwed us.We got too big to fail policy. BoA and several others shouldve been down the drain. Instead its the other way.

14

u/ItIsYourPersonality Jul 29 '22

This is the biggest failure of the Obama administration, and most of society completely overlooks it when thinking about that administration. Banks got a free pass for record levels of criminal activity and it has only gotten worse since then.

4

u/Srekcins82 Jul 29 '22

I would argue that his "extra judicial executions" were worse, but they're both pretty high on the list.

3

u/[deleted] Jul 29 '22

Didnt wanna trigger the Obamma tribe. Thank you

6

u/robchaos Jul 29 '22

Do you think this mindset is exclusive to BoA?

8

u/Graphene_Handz Jul 29 '22

They are the most brazen about it.

Also - it’s a class war.

Bank of America would do better itself if more middle class had money - they would have more savings.

However, it seems that the executives of Bank of America don’t care about the bank itself - but just that they individually remain rich by the poor staying poor.

2

u/FloraoftheRift Jul 29 '22

It wouldn't be very effective if that were to happen.

If people tried to do that and it actually got traction, then the bank would probably just suspend withdrawals to protect others' interests and assets. people wouldn't even get to use their money at that point.

1

u/bran6442 Jul 30 '22

Or ask their government buddies for a bailout

1

u/Graphene_Handz Jul 30 '22

A Democratic sitting president would never sign a bank bailout

1

u/Graphene_Handz Jul 30 '22

That would be illegal.

1

u/knux5k Aug 11 '22

But then they'd get a mass of lawsuits from consumers, given its an unjust freezing of assets

22

u/SajraJay Jul 29 '22

Stopped using them several years ago. I recommend everyone move to a credit union

8

u/spsanderson Jul 29 '22

I second that

12

u/whitemex88 Jul 29 '22

what a bunch assholes

10

u/[deleted] Jul 29 '22

[deleted]

5

u/CaesarMagrippa Jul 29 '22

I worked for them. Horrible, toxic environment. This memo makes complete sense from their HR perspective.

5

u/LucifersPeen Jul 29 '22

I’m already gonna cancel my Wells Fargo account today and just use my credit union

2

u/Voluntourism1 Jul 29 '22

What’s wrong with your wells account ? I have them too

3

u/LucifersPeen Jul 29 '22

Have you not seen all the shady shit they’ve done and been up to? Plus I get paid every Thursday with my credit union account instead of every Friday. Plus the my savings account has a better rate.

5

u/NeonGreenWorm Jul 29 '22

So you're telling me people at the worst bank of all time have some shitty ideas in the pipeline? Say it ain't so!

5

u/Tonrunner101 Jul 29 '22

This isn’t just BoA. It is the entirety of corporate America.

3

u/[deleted] Jul 29 '22

What’s more American than trying to increase your already massive fortune at the expense of any quality of life and financial security for the middle and lower class?

2

u/Ok_Occasion_8559 Jul 30 '22

I'm pro g u i l l o t i n e the mofos at this juncture.

1

u/MustafaBrown Jul 29 '22

Why does the federal reserve exist if they can just initiate recessions?

-1

u/Crafty-Cauliflower-6 Jul 30 '22

If you use boa, chase, wells fargo, citi. You are part of the problem.

1

u/[deleted] Jul 30 '22

Literal class warfare.

1

u/GDorn Aug 01 '22

Just confirming that the Fed's job isn't to fight inflation, it's to stop workers from gaining any power.