Providing another reason why BofA's Brian Moynihan is America's worst CEO, Mother Jones reports that "Bank of America, which last fall announced plans to lay off 30,000 workers, is about to go on a hiring spree--overseas:"
America's second-largest bank is relocating its business-support operations to the Philippines...less than three years after Bank of America received a $45 billion federal bailout.
The next time BofA needs a cash infusion, they should ask the Philippine taxpayers for help.
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