{"id":197714,"date":"2008-01-16T06:24:00","date_gmt":"2008-01-16T11:24:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/16\/bank-of-america-to-cutting-back-on-investment-unit\/"},"modified":"2008-01-16T06:24:00","modified_gmt":"2008-01-16T11:24:00","slug":"bank-of-america-to-cutting-back-on-investment-unit","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/16\/bank-of-america-to-cutting-back-on-investment-unit\/","title":{"rendered":"Bank of America to Cutting Back on Investment Unit"},"content":{"rendered":"<p>BofA is <a href=\"http:\/\/money.cnn.com\/2008\/01\/15\/news\/companies\/bank_of_america_ken_lewis\/index.htm?postversion=2008011515\">aggressively shringing its corporate investment division to focus on its &#8220;core competencies&#8221;<\/a>.<\/p>\n<p>My analysis, this is Indiana Jones outrunning the boulder.  Unlike Citi, for example, they were not so tied up in the big sh%&#038; pile that they could not extract themselves without collapsing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BofA is aggressively shringing its corporate investment division to focus on its &#8220;core competencies&#8221;. My analysis, this is Indiana Jones outrunning the boulder. Unlike Citi, for example, they were not so tied up in the big sh%&#038; pile that they could not extract themselves without collapsing.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1005,973,1004],"tags":[],"class_list":["post-197714","post","type-post","status-publish","format-standard","hentry","category-business","category-economy","category-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197714"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=197714"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197714\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=197714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=197714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=197714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}