BofA (BAC) Discloses Threat from 'Occupy Our Homes' Movement...
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Price: $59.25 +1.63%
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Dividend Yield: 2.1%
Revenue Growth %: +14.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
Revenue Growth %: +14.6%
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According to a leaked internal memo circulated by Bank of America (NYSE: BAC) to all BofA Field Service Suppliers, posted courtesy of ZeroHedge, the next Occupy movement, "Occupy Our Homes," might be dire.
The latest tactic from the Occupy front has protesters proclaiming Dec. 6th as a "National Day of Action to Stop and Reverse Foreclosures."
BofA, stating the event "could impact our industry," offered some key warnings/instructions for the agents, saying: "i) Your safety is our primary concern, so do not engage with the protesters; ii) While in neighborhoods, please take notice of vacant BAC Field Services managed homes and ensure they are secured; iii) Remind all parties of the bank’s media policy and report any media incidents."
The latest tactic from the Occupy front has protesters proclaiming Dec. 6th as a "National Day of Action to Stop and Reverse Foreclosures."
BofA, stating the event "could impact our industry," offered some key warnings/instructions for the agents, saying: "i) Your safety is our primary concern, so do not engage with the protesters; ii) While in neighborhoods, please take notice of vacant BAC Field Services managed homes and ensure they are secured; iii) Remind all parties of the bank’s media policy and report any media incidents."
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