Skip to main content

Market Overview

Zings Of The Day September 9, 2011

Share:
President Obama last night unveiled his American Jobs Act, which includes $170 billion in payroll taxes, $194 billion for extending jobless benefits, and $105 billion for infrastructure. Sounds like the definition of insanity. Glad to be American. Bank of America (NYSE: BAC) is considering cutting 40,000 jobs over the next few years to save on costs. That "Keep The Change" program didn't work, did it?
 

Related Articles (BAC)

View Comments and Join the Discussion!

Posted-In: Zings Of The DayNews Politics Events

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com