Brian Moynihan: Bank Of America Is In Charge Of Bank Of America's Own Destiny
Since Bank of America announced it's intent to charge $5 fees on debit cards holder choosing to use their debt card in any given month, the Charlottte-based bank has been on the receiving end of a whole lot of shit. Obama tut tutted the move, Dick Durbin told customers to "get the heck out of that bank," and a purse-wielding Fox Business anchor vowed to "show Bank of America just what I think of their fees." For a while, Brian Moynihan held his tongue, refusing to respond to the haters. Today, his spirits diminished but not yet broken, he found his voice. Standing up for himself, for his employees and for his teammates on the company softball team, Moynihan let the world know that BAC is a person, BAC has feelings, BAC has a right to express itself, BAC can make its own decisions and BAC doesn't have to answer to you or to anyone!
Moynihan said that the bank will talk to its customers, teammates and shareholders and "they'll understand what we're doing -- understand we have a right to make a profit."
