Bank of America Cuts Most Workers in First Quarter to Trim Costs

... at the height of the financial crisis. Moynihan told analysts on Jan. 17 that the bank will slice deeper into its mortgage team. "There's nothing more important in our company than getting this done as quickly as possible," he said. Bank of America, ...

http://washpost.bloomberg.com/Story?docId=1376-MLD3MM1A1I4G01-6HH5LULC6OLGTTPOCE29KI74F4