Monday, October 18, 2010

Bank of America loses $9,000,000,000 in Michigan deposits.

BoA claims these dramatic loses have to do with the reclassification of deposits, but I can't help but wonder if it has something to do with the way they treat their mortgage customers.  As an ominous sign to any mortgagor heading to Trott and Trott's offices trying to save their property from foreclosure, Bank of America ATMs are placed prominently in the law firm's lobby.

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