Bank of America CEO Says "2020 Was a Good Year" because $18 Billion Profit > 400k Dead + BofA Gives Everyone Crappy Bonus, Pats Self on Back

<p><strong>I discuss Brian Moynihan's comment on the conference call for Q4 earnings, where he said, "2020 was a good year."</strong></p> <p><strong>Of course he was meaning $18 Billion in profit, slightly less than last year, but with less expenses like branches open, etc.<br> I get into why he may have said it (I even don't think it was nefarious...just more bank speak from a very shy CEO)</strong></p> <p><strong>But I go over a laundry list of bad things that Bank of America did in 2020 to make it a bad year for their clients, ignoring the obvious things in today's news.</strong></p> <p><a href="https://www.charlotteobserver.com/news/business/banking/article248585395.html"><strong>Article by Austin Weinstein of the Charlotte Observer referencing it</strong></a></p> <p><a href="https://twitter.com/MoiseNoise/status/1351524287048536067"><strong>Imani Moise Tweeting about it.</strong></a></p> <p><br></p> <p><br></p> <p><strong>Plus,</strong></p> <p><strong>&nbsp;Bank of America made $18 Billion in Covid Ravaged 2020, and they were still generous to their employees. (Rolls Eyes)<br> </strong><a href="https://www.cnbc.com/2021/01/22/bank-of-america-is-giving-750-cash-bonuses-to-lower-paid-employees-restricted-stock-to-others.html"><strong>They gave eligible employees who made less than 100k a bonus of $750, according to CNBC</strong></a><strong>.</strong></p> <p><strong>This is less than $1000 they gave the last 3 years, and 1/3 of what I got 15 years ago. BofA cites Covid as the reason for the reward, giving people money for their hard work, yet at the same time, cut pandemic pay in October to its branch associates. CNBC article also mentions the $20 minimum wage, which BofA fast-tracked to get phony kudos on the onset of Covid. They also mention the childcare benefits that always were at Bank of America, instead BofA repackaged them to appear to give employees add'l Covid Relief.</strong></p> <p><strong>BofA loves patting itself on the back, giving less, when they are still making so much more!</strong></p> <p><b