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Upbeat and Downstairs: Home of Daryl C. Donatelli
Challenge Your Imagination…
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Bank of America is following suit by reporting a loss in fourth quarter earnings but we aren’t as bad as Wachovia who fell 98%. Just in case associates missed the press coverage, management sent a memo to let associates know know that we didn’t meet our revenue goals for 2007.
With Tuesday’s market jitters and the forthcoming dismal credit forecast, I think it’s not going to be a pretty quarter for earnings in general.