Holy shite. Moynihan makes the Blankfein mistake.
Preview for tonight's Charlie Rose. Watch the first 30 seconds and then skip to 1:25 where he discusses the bailout.
"I believe we have an obligation to help everybody. Help people who need help. You know it comes from some of the Judeo-Christian training, and going to Notre Dame, you know all that kind of stuff."
"Banks are big because we reflect the economy."
March 27 (Bloomberg) -- Bank of America CEO Brian Moynihan discusses restructuring the firm's balance sheet, shifting focus from acquisitions to being "only about organic growth" and working with mortgage customers to reduce foreclosures.
What a supreme douchebag considering how BofA destroys lives.