Bank of America Ends Injustice in The World By Spending $100 on Masks + Wells Fargo CEO Makes LeBron Money

Thanks to everyone who listened to my recent episode with Ciera! We intend on doing more interviews VERY SOON!

Today's podcast dwells on Bank of America's Billion Dollar "Commitment" to end Economic and Racial Inequality. We are skeptical of how they will get to a billion dollars. I personally don't think there'll be much giving.

Bank of America proved me wrong (kinda) by announcing via a news article, that smells suspiciously like paid content masquerading as news, of 146,000 El Cheapo paper masks being donated to charities in Orange County, CA. These are charities that BofA was already working with, so is this additional giving or just a reshuffling of giving to make everything about their mandate to address Economic and Racial Inequality.  

I discuss this issue with movie analogies, and I call them out on donating only 2,000 masks to Meals on Wheels, instead of...you know...giving them money for Meals...or Wheels!

Similar Story in Phoenix that uses the exact same words as the California article, including a substitute quote from an AZ manager to replace the Cali story! What the hell?

Either some serious plagiarism is going on, or Bank of America is paying for and creating this content to plant in local communities to get clout off of a pandemic.

P.S. Look at the pics of the people in the articles manhandling masks with their bare hands, not following ANY safety protocol!!!

Plus, I debut a new segment to the podcast called, Hey, What About Us?

This segment will highlight one non-BofA bank 1 time a week minimum to ensure we aren't obsessing over BofA, though with the number of complaints on BofA online nearing 7 to 1 over any other big bank, it's hard not to!

We discuss Wells Fargo CEO Scharf making over $35 Million in compensation for a company who lost $2B last quarter. I explain the art of overpaying to get a fresh start and how it's similar to sports. I also weirdly commend BofA CEO Moynihan not even being one of the top 3 paid CEOs, which is surprising and some would say he is underpaid. (WHAT?!?!) We talk about where it's headed and my feelings on it.

Article by Dan Ennis of Banking Dive

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