Detailed text transcripts for TV channel - FOXNEWS - 20120113:14:04:00
Bank of america went back to the fed well, our plan would not only lay off people which they announced that in the fall, 30,000 job cuts announced but also closing 750 branches. where do they think they close them? small cities across the united states. not big cities. small towns across the u.s. that may happen this year. arthel: that is bad news. that is where folks can least afford to lose their jobs. beyond that, what does it mean for day-to-day banking if you live in small cities? >> that means you will have to buy community banks. we're seeing a lot of interest by investors in smaller ba...
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