• 17 Dec 2012 at 4:49 PM

Bank Of America Confident “Tragedy + Time = Comedy” Applies To Layoffs

By

Others beg to differ.

From the mailbag:

“At BAML’s lev fin holiday party last week, several members of the group created a PowerPoint presentation that included a slide with the pictures of two employees who’d been laid off earlier in the year, with captions above each person saying, ‘What’s a loan?’ and ‘What’s a bond?’ This was shown in front of the whole group and several high ranking members of BAML who were seen laughing hysterically. The same thing happened last year– apparently besmirching the reputation of laid off employees is a little holiday tradition!”

Comments (21)

  1. 1
    Posted by n/a | December 17, 2012 at 4:58 PM

    That's the best they could come up with?

  2. 2
    Posted by John | December 17, 2012 at 5:00 PM

    it's a pathetic display from a sub-par investment bank. what a bunch of monkeys over there. I hope this bank fails

  3. 3
    Posted by guest | December 17, 2012 at 5:01 PM

    Tell us how you really feel.

  4. 4
    Posted by Guest | December 17, 2012 at 5:13 PM

    You had me at Powerpoint presentation + holiday party.

  5. 5
    Posted by Guest | December 17, 2012 at 5:18 PM

    Classy organisation. Really classy. Pinheads

  6. 6
    Posted by JPM | December 17, 2012 at 5:20 PM

    Somebody should just tell them…that they are not JPM nor will they ever be.

  7. 7
    Posted by Bald Bull | December 17, 2012 at 5:31 PM

    Said employees are Hugh McColl and Ken Lewis.

  8. 8
    Posted by Warrant Warren | December 17, 2012 at 6:06 PM

    Well heh heh, i don't know I kinda like my 7 million July 2021 BAC 7.14 warrants.

  9. 9
    Posted by Guest | December 17, 2012 at 6:12 PM

    ‘What’s a loan?’ and ‘What’s a bond?’

    The intern responsible for the presentation accidently switched the spoof deck with one from BAML's lev fin training program.

    No one noticed.

  10. 10
    Posted by guest | December 17, 2012 at 7:04 PM

    what's BAML? why not just BA? it's not like ML was ever any good

  11. 11
    Posted by J. Thain | December 17, 2012 at 7:50 PM

    Wow that bank sucks…….

  12. 12
    Posted by PermaGuestII | December 18, 2012 at 9:28 AM

    Someone should just tell them JPM is Manufacturers Hanover, and forever will be, no matter how hard they try to forget it.

    -guy whose avatar did not offer clients toasters and no-fee checking

  13. 13
    Posted by Guest | December 18, 2012 at 11:12 AM

    Those who weren't laughing were wondering the same thing…

  14. 14
    Posted by Guest | December 18, 2012 at 12:36 PM

    What a funny coincidence. The BB IBDs use those exact same captions for their slides with the BAML and UBS logos.

  15. 15
    Posted by notatBAML | December 18, 2012 at 12:39 PM

    You know, in all honesty, I would be laughing hysterically if I worked in BAML lev fin as well. Everyday. Because my life would be one huge joke.

  16. 16
    Posted by Guest | December 18, 2012 at 1:18 PM

    What's a BAML? I dunno, I work for Merrill Lynch.

    - Insecure Banker

  17. 17
    Posted by Guest | December 18, 2012 at 1:29 PM

    Isn't BAML just filled with kids from community colleges?

  18. 18
    Posted by baml escapist | December 18, 2012 at 2:04 PM

    I expect nothing less from that hell hole. So glad I left.

  19. 19
    Posted by TripleWordScore | December 18, 2012 at 3:40 PM

    Well, they did pay $25 billion for each of those consonants….

  20. 20
    Posted by Mike WHO? | December 18, 2012 at 4:50 PM

    you're clearly delusional if you believe that. league tables mean nothing.

  21. 21
    Posted by Sachin | December 20, 2012 at 12:52 AM

    Absolutely disgusting show for ex-colleagues! All Hesse people shld be fired for misconduct!