ORONO, Maine — Bank of America announced Monday that it is closing its Orono call center, which has about 200 employees, effective Oct. 31.
Employees were informed of plans to close the center, located in leased space at 16 Godfrey Drive, early Monday, Bank of America spokesman T.J. Crawford said.
“It goes without saying that we will do everything we can to support our employees,” Crawford said late Monday afternoon in a telephone interview.
Crawford said the company is working to place affected workers in other positions within the company and that eligible employees who opt not to seek jobs with Bank of America will be given severance packages.
The Orono call center specialized in working with customers who have fallen behind on their mortgage payments, he said.
Bank of America’s call centers in Belfast and Brunswick will remain open, he said.
The Orono call center employs nearly 200 workers, an employee said Monday afternoon. About three-quarters of them are employed full time.
Word of the Orono call center closure comes less than three months after the company confirmed that it was closing its branch offices in Orono and Sanford.
Those closures, which were announced to customers in early December and take effect on March 16, will not result in job losses because positions for the affected employees have been found in nearby Bank of America offices.
U.S. Rep. Mike Michaud said that he was “extremely disappointed” about the company’s plan to close the Orono call center.
“Our call center employees in Maine are second to none and Bank of America’s Orono facility is no exception,” the 2nd District Democrat said in a statement late Monday afternoon. “While I strongly disagree with the bank’s decision, I stand ready to help impacted employees with whatever assistance they need.”
In October of last year, the congressman wrote to Bank of America CEO Brian Moynihan urging him to consider the economic impact on Mainers of the company’s plans plan to lay off 30,000 workers nationwide over the next two or three years.
“As our fragile economy continues to recover, Bank of America should work to ensure that these actions have the minimal effect possible on our economy and do not fall entirely on one region or a handful of communities,” Michaud wrote, noting that the company employs hundreds of Mainers at its three call centers and more than 30 banking centers.
“Mainers, as well as the economic health of their communities, depend on these jobs,” he said. “While I understand that you need to take steps to maintain the financial health of the bank, it is equally important to recognize that you received substantial assistance from American taxpayers to get through the financial crisis.
“You now have an opportunity to repay that debt by taking every step possible to ensure that the restructuring of the bank does not disproportionally affect a particular state, region or community,” Michaud said.
Give them time. They will close the rest of the former MBNA call centers and outsource those jobs overseas. I don’t miss working for them. Sad for those losing their jobs.
Are we going to continue to let big bankers get richer and richer, taking more and more from the rest of us?
Good question….you gonna vote for Ron Paul or more of the same?
Its sad, I am most likely going to Vote Obama, However Ron Paul would have been a great GOP candidate. The more I learn the more I start to like. Its sad that he got not attention. If Rommey or Santorum win the nomination then the election will be no contest.
Well said, BOA has given out billions of bad mortgage dollars to illegal imigrants helping cause the mortgage crisis in this contry. Just to fatten their own portfolio’s then they stuck the taxpayers with the bills. Fannie and Freddie are nothing more than politcal slush funds for both parties and they need to be torn down.
Oh yes, the bad mortgages all went to illegal immigrants…we all know that Americans would never be so irresponsible.
Who said all?
Stop commerence for a week a month, Life would change soon and prices on everything would go down.. When the Stock market goes down we get deflation..
when the money supply goes down, we get deflation
END THE FED
Spruce, B of A is being forced by this
administration to improve its balance sheet after suffering huge losses on
mortgage debt. Many large banks were required to lend
into risky markets due to the Community Investment Act and regulations
sponsored by Barney Frank and Chris Dodd. This isn’t about the rich
taking from the poor, its about all the deadbeats not paying their bills or in
this case making their loan payments.
they weren’t “required” to lend.
the interest rate of 0% from the fed meant that banks could borrow massive amounts of money from the fed at no interest, and then lend it out to anyone that had a checkbook for interest. so they were making money hand over fist.
then, they decided they needed more, so they packaged a lot of mortgages up into “derivatives”, then sold them to other banks or investment firms. at the projected final return of the mortgages.
then they would borrow more money from the fed, since they’d gotten rid of their bad and good mortgages altogether. and the lending spree continued.
these companies played with our money and our future like a game of hot potato with a grenade.
they sold and passed these “derivatives” and “mortgage backed securities” around until finally it collapsed.
hence, the bailouts.
these banks shouldn’t even exist and if it wasn’t for their criminal friends in office then they wouldn’t.
Monk, you clearly have no clue about banking regulations.
If you want to know what a slug Dodd is,look at his new “job”.Shilling for the MPAA.
Excuse me, but the banks made huge profits on these loans. Don’t feel bad for the banks, they may claim poverty, but just look at the bonuses and salaries at the top. All is well on Wall Street.
The clowns running the banks, will be just fine…..
What is sad it the banks gave out these loans then bet against them.
The only answer is stop using the banks, pay cash or use a money order to pay your bills.
I have always refused to bank at the larger interstate banks. In Vermont, New Hampshire, Maine, and Massachusetts I have always used the smaller more local banks like Chittenden in Vermont, Eastern Bank in Massachusetts and Bar Harbor Bank and Trust here in Maine. I know banks are banks but at least I feel better about staying as local as possible.
Then go CREDIT UNION, you cant go more LOCAL than that.
I have a local MDI bank and a Credit Union based in Bangor. I never understood the attraction of having a big, multistate bank when so many other more local options are available.
They still charge you interest, create money out of thin air, and cause inflation
doesn’t matter if they are local or national, fractional reserve lending screws the middle class and fattens the banksters
my guess would be YES…lol
big banker story on Yahoo :
Banker’s Insulting Waitress Tip Incites Class Warfare http://news.yahoo.com/blogs/trending-now/banker-insulting-tip-incites-class-warfare-between-1-164624882.html
The cretin is one of those who feel they are so important that they just scribble their name but you or I must sign it just the way it is spelled when we go to his bank.
Cretin is a great word. Thanks for reminding me of that one!
QUICK! Tell LePage we need some bright shiny lights around that open for business sign, it sure is holding up its meaning since he put it up!
According to Obama it’s Bush’s fault.. So I’m blaming Baldacci.. (-:
Im blaming Obama. One and done in 2012.
take a look at all the tax breaks the Bush’s gave all the big RICH companies……………that’s the problem with the economy. Obama couldn’t ruin a country in this short of a time. Look at the history of politics and you will understand why the country is failing.
I am blameing the Party that keeps calling the bailed banks JOB CREATORS!
http://www.ictstandards.com/Philippine-Call-Centers.htm
In case you haven’t noticed – the Republican party is in shambles – at this stage you’ve got 3 extremists candidates and one guy so boring and cardboard that nobody wants him, despite the fact that he’s been campaigning for 8 years. Sorry, but Obama is going no where. My hope is that he views his second term as a mandate and really pushes through some more of the liberal agenda that we sent him down there for.
Right, It’s the economy stupid. He will lose.
We all know why the economy is where it is!
We have been catering to the 1% for to long!
too long, get your talking point right
Removed
Thanks Sue, I accept your correction.
Well,
I got the point across and saved a keystroke!
LOL
You know what ? Anybody who pays 3 or 4 million in Federal taxes PAYS THEIR FAIR SHARE. I don’t care if it’s 15% or 5%… They are not responsible for all the lazy people who sit and collect welfare !!
Totally agree. It’s unfortunate that people who work hard and are dedicated to their work get penalized for it by having to use a substantial amount of their earnings to support those who don’t.
For those who need an illustration!
http://1.bp.blogspot.com/-aUcPJe6XWOo/SdJ2BJq8EaI/AAAAAAAAATQ/t61uRIl5EB4/s1600/hammock2.gif
“loose”
lol
Get a dictionary.
yessah
I hope you don’t need to drive much
Oh yes! Obama is the next coming of Jesus. I hope that he doesn’t have a second term. Remember he pushed national healthcare that the majority of working American citizens did not want, gas prices were $1.69 when he took office, gave Solyndra 500 million dollars when he know they were going bankrupt anyway and the list goes on. Bush was no saint and had many faults, but Obama has torn this country apart with the liberal agenda of an entitlemnet society. Republicans want americans to work for a living and democrats want americans dependent on the government.
It’s so much more complicated than that. He’s no savior, but he is getting blamed for all sorts of things (Area 51, anybody?) that really aren’t his fault. Pick up the Economist…or the Atlantic…or Foreign Policy. It’s interesting.
LOL…extremist
take a look in the mirror, you dems are nothing but pure facsists
If Obama is voted back in office, then gas will go up to $ 10 a gallon within a year. Bill O’Rilley said so !! * G *
Can I have some kool aid too?
Yeah the liberal agenda that will bury us even more! Hope you get what you deserve if he gets in again!
There is no agenda.
BS!
We understand.
Only GOP Presidential candidates are allowed to say bad things about other Republicans
… isn’t that the GOP’s only rule ?
It is Bush’s fault. How can anyone believe that it is not? It is clearly Bush’s fault.
Survey Feb 2012. 54% blame Bush for economy,29% Obama,remainder include Congress or were not sure.Almost 2 to 1 for the smart people.
Yes, we Americans are a lot smarter than we are given credit for! Thanks for the stats!
I’m blaming everyone who feels the need to blame everything on somebody. As anyone ever considered the concept of personal responsibility and accountability. Our country needs more introspection and less finger pointing!
Well, Mikey Michaud told them not to close, and that got us really far, didn’t it??
(Maybe it doesn’t help that his party’s Dear Leader had just finished exorciating B of A, and telling all of its customers to switch to another bank. Just saying!)
Ummm wasn’t it the occupy group that had people take their money out of Bank of America.
Yeah but the impact can’t be that quick and besides B of A has a fine collection of other fees to make money including them darn ATM fees. Pretty soon they should be charging admission to step foot in the lobby
I went to cash a check on their bank one time and they wanted me to come inside and fingerprint. I refuse BOA checks since then.
You do realize that it is required at most banks to do this, right? It keeps someone from fraudulently cashing checks.
It is the only bank that ever asked me to do that. So no, most don’t.
so, what are you trying to hide?
He’s likely trying to hide his private life from prying eyes. Nothing more. Not everyone wants to roll over like a compliant little puppy dog begging for master’s attention.
Thank you. Yes, that’s it. Privacy! Next they’ll want DNA swab or a retina scan. And I’m a she.
I completely agree, but now I want a puppy…
yes, others do the same. I would rather be protected than not
Protection? I think it’s just another way of gathering information.
Protected from what? The check written on their bank by their own customer? Are they protecting the Federal Reserve Notes from harm? The tellers? What?
It will be part of Homeland Security.It’s been discussed for years and is not the bank’s choice.Personally I don’t mind.ID theft is horrible.My brother in law’s life is ruined now from that.
I have the best detterant to ID Theft!
No one wants to be me!
What bank? I use BOA and I’ve never been asked to do this.
TD Banknorth does the same unless you have an account there.
So does Key Bank.
they don’t have ATM fees
Sadly,you’re not joking BOA in CA tried charging a $2 “personal assistance fee”(teller)until the CA SC threw it out.And of course if you had a BIG balance no fee.Those who can afford to pay wouldn’t have to.
wasn’t it us taxpayers that “bailed out” Bank of America to the tune of tens of billions of dollars?
So you should be rejoicing that they are falling flat on their face.
oh really? rejoicing as they skip away with billions of dollars after pilfering the vault and go on a commodity spending spree?
Yeah, it’s just awesome that we allow these banksters to pilfer millions from the middle class via the wonderful central banking system the good ol’ progressives so lovingly blessed us with….nice one morons
Yeah it was, but as I recall BOA repaid the loan. The closing of this call center is not a loss for BOA it is a loss for Orono and the people that were employed there.
not a loss for Orono, they don’t pay taxes thanks to the last town manager who just happens to lead the city of Bangor now!
Yes, that was also one of the banks that they { Bailed} Out!
B of A paid back their bail out money a long time ago!!
And we bailed them out why? Just asking. Used to be if you failed, someone else moved in to fill the void if needed.
The Bail out idea was to keep them afloat for America! Not so that they could “Afloat” to India!
The Bail out idea was to keep them afloat for America!
Not so that they could “Afloat” to India!
QUICK! Tell the occupy movement we need some new tents, spring is coming and we need to put more banks out of business.
I am sure they are one step ahead on that
Yes, George Soros is buying the tents.
I thought the movement wasn’t accomplishing a thing and was a big joke. Now righties are saying look what it did. Huh, funny how things get portrayed sometimes.
Hmmm funny, why don’t you blame the President who claimed he has saved and created so many jobs!
..in a State that is open for business? I didn’t blame LePage directly for this, jobs are jobs, and in fact LePage isn’t doing anything about the call center, he hasn’t done or said anything about the sorting facility or any other company that has laid off employees, the only thing he has done anything close is the paper mills and I am sure he just did that so he can be credited with cleaning up Democratic mess.
Some people will blame Obama, others will blame Occupiers.
How is the Postal Service and BOA LePages fault? The Postal Service is Government and BOA is nationwide! Not just a Maine problem. Get a clue!
How about reading more closely? He clearly said he did not blame LePage, directly at least.
Couldn’t have said it any other way
The 99%’s dont want BOA around, so they are getting their wish.
BOA needs to go out of business totally.
If said business is poorly managed, then yes, I would agree with you.
why would you make such an ignorant statement …….when they employ so MANY people here in Maine??????????????
It doesn’t matter which side you agree with, occupy side or another poorly managed “gay friendly” business bites the dust, they’re on their way to being gone.
Really—what does “gay” have to do with it? Other than the fact that we can see that it really, really bothers you?
Yes, it does bother me because sin affects us all and being a homosexual in an illicit relationships is sinful. All sinful behavior; murder, stealing,(BofA stole from the tax payers), adultery, bearing false witness against our neighbor ultimately will affect society.
cheap labor, 25k a year.. People are numbers to them,, people don’t have name’s and they could care less.
Hampden Processing Center, Mr. Paperback, now BOA? Oh yea, we get the
Diamonds gentleman’s club in Bangor and Hollywood Casino? Please!
In that comment, I meant that we deserve better in Bangor. Oh Please!
Hampden Processing Center closed due to functional obsolescence, same for Mr. Paperback. Obama and his cronies are behind BofA. On the upside, which you conveniently omitted, was that Cianbro is hiring 150 skilled employees!
Let’s hope there is actually 150 skilled employees in this state, after all our Governor claims there are plenty of jobs (thought he takes money for job creation) but says there are not enough trained workers for jobs available in this state. If Cianbro can fill 150 jobs then it is another foot in the mouth statement by LePage. Otherwise that 150 is not offsetting things right now and I bet soon some of these employees will be asked to leave early or get laid off by summer.
I heard one of the local phone companies just laid off quite a few people last week.
Indeed they did, and they keep doing it about every quarter too because they have no idea how to run a company.
Up here in The County we are still waiting for Fairpoint to get off their collective duff’s and get their fiber optic system running to the town’s. So far all they’ve done is run cable. Past that they’ve done nothing more than whine and cry about profitablity. 3 Rings was paid for by a Fed Grant. It’s up to the operator to manage it to make a profit. Fairpoint wants their profit BEFORE THE SYSTEM IS EVEN RUNNING! Is it a wonder why they keeping bouncing in and out of Bankruptcy Court so often ? And in case FP has forgotten, they have until Sept 30 to get the system up and running or FP, Maine Fibre and ConnectMaine all have to repay the Grant, in total, and eat their cost’s. Tick tock, folk’s, tick tock ………….
Fairpoint will drag their feet, not meet the deadline, cry to the PUC with every excuse in the book and they will be granted some extensions, etc and keep getting handheld through the process
If you are refering to FairPoint then I will say that Im not suprised. Everyone with half a thought in thier head knew that the minute Verizon sold to FairPoint that the problems would soon start.
Wasn’t Fairpoint though this time….it is the one with 3 letters in their name, has an O and a couple of T’s happens about every 3 months they just don’t want to talk to the media after they once well not had many good words for Fairpoint and them laying off people either.
Maybe the BDN should give them a call, stop in and see what type of interview they can get for another layoff story, I will even give mine
and a beer….
Sex sells, maybe BOA, Hampden, and Mr. Paperpack should have hired their employees from Hooters.
Diamonds will do well.The CC’s and cheating R’s have to go launder their money somewhere and if they get to subjugate women while doing so-double win.Remember the Bible Belt consumes more porno than anywhere else in US.
Hey Obama. I could really use some of that Hope and Change up here man.
Talk toyourgovernor. He put the ‘open for business’ sign up. Still waitingforthose jonstocome flooding into Maine
your childish, spoon-fed media rehotoric is tiresome….
Sorry facts are facts.If you can show me TRUE net job/income growth in ME since LePage took office,please do.It’s NOT THERE!
….yawn
Jeez. The childish, spoon-fed talking points from both sides is tiresome.
What I love is when people refute one side’s “talking points”, with their sides “talking points” without realizing the irony.
We are open for business, however Obama and his cronies are doing everything in their power to not allow it to happen. They want everyone dependent so they can control the masses.
Hence, twenty thousand people that could be working in the mid west to build a pipe line are not. People that could be working in oil fields drilling for oil right here in the United States are not. Its not allowed as it is better for us all to be getting beat up at the pump while we continue to get oil from people who dont really like us. Someone sneezes in the Middle East and gas goes up. Everytime you stop at a Citgo you give Hugo Chavez another dollar.
oil production is up under Obama. It is at the highest level in a decade. Obama has given out additional drilling permits, there are more drilling rigs operating in the US now than when Bush left office. No matter how much we drill, the US simply does not control enough of the world’s supply of oil to make any significant difference in the price. The price of oil is set by the global market and is driven by the global demand and speculation.
Oil production is up on state- and privately-owned land.
On federal land, over which Obama has control, production in the Gulf of Mexico is down 30%; lease sales in the Rocky Mountains on federal lands are down 70%. Obama’s put 85% of the outer continental shelf off limits and overall, is only making 3% of the areas under his control available for development.
it’s time to take our land back from the fraudulent and corrupt federal government!
Agreed.
And Chavez is donating $Millions of dollars of oil right here in New England.What has the TP ever done for anyone making less that high six figures and up?ZERO.
Living in South America and having been to Venezuela I can tell you that Hugo Chavez and his friends are crooks and that the people of Venezuela are being taken advantadge of terribly by him.
Have you ever considered taking a basic typing course? Or perhaps you’re doing it purposely, I don’t get it.
Dear Don, Just step out to the nearest parking lot and HOPE you find some CHANGE.
Of course they are.. and we all know why… BOA will be history before Obama’s out of office in January…
Don’t hold your breath. Wtwhe repubs are going, it’ll be 4 more years of President Obama
Occupy buddies are responsible for this one.
No greedy corporate masters are to blame for this
Used to work for BOA in this center, 200 people are working there now and they are renting the building when they have 400-500 seats open in a building they own in belfast. Makes sense to make the change, however it is an awful lot like bait and switch to me, hire over 100 people in the center in the last 6 months and then tell them they can keep their 25k a year job but they have to travel to Belfast instead when gas prices are $4 a gallon. This will allow them to not pay unemployment benefits when people quit.
You are 100% right about the probability of a bait and switch to avoid the cost of increases to BOA’s unemployment rate. Jobs offered to those who live within 60 miles of Orono in the opposite direction from Belfast would be in a real dilemma. If they refuse the job offer because it’s 2 hours away from their residence and it doesn’t pay enough to afford the cost of the drive they will be disqualified from receiving unemployment insurance for refusing a job offer. If they accept the job they won’t be able to afford to maintain the high cost of getting to and from work every day. Bait and switch and catch 22 offers… that sounds like something BOA would do. It’s a lose-lose situation for the employee. At the end of the day I don’t think it’s wise to trust the way BOA does business or the way BOA treats it’s employees.
it’s OK, these folks can just go and claim a mental dissability under SSI….it’s the hot, new progressive thing to do these days…”I’m crazy, I deserve some of everyone else’s money”!!
Wasn’t LIEpage’s Sec. of Labor blabbering last week about how Maine’s job numbers were actually better than reported, claiming problems with the data? Sounds like more of Baldakkys’s boyz when they would dispute the numbers rather than face the problem…Vote the bums out again
You can blame your occupy friends for this one.
Blame or thank?
http://bangor-launch.newspackstaging.com/2011/10/05/business/orono-call-center-plans-to-add-200-jobs-by-end-of-year/?ref=relatedBox
Less than 5 months later
Must be that too many CEO’s have to be paid their bonuses from the stimulus money–
Earth to all you occupy supporters, isn’t this what you wanted?
Why yes it is!
So, what is the net job gain in Maine since you opened up shop for new business, Governah ?
I did my time as a BOA employee, but only to pay the bills. C’mon guys, shady businesses skyrocket then always crash, it was only a matter of time! Walking out of their doors was one of the best feelings I’ve ever had- it is a blessing in disguise!!!
Could not agree more, I left 4 weeks ago.
i too quit there not that long ago. best thing i ever did. wish my old co workers the best of luck.
I left a year and a half ago and never looked back.
P.S. athenaHealth is hiring!
No one is taking their calls anymore
As soon as I saw this article listed on the homepage my thoughts were immediately the same as Congressman Michaud’s. This infuriates me beyond all belief!! Those 200 employees tax dollars (along with the rest of us) went to bail BoA out and this is how they/we get thanked?! Unbelievable! I hope they go out of business entirely like someone else said on here. Yes, jobs may be lost but we would certainly be alot better off without them in the long run. We’ve already lost our investment. I hope Obama and everyone who voted for those bailouts feel really good about themselves!! They don’t care anyway. The only one who cares is Ron Paul!!! :-)
Hey LePage, add this to you Jobs gone list. You are really doing well. So, where are all the jobs you were going to create. You said it, not us. So, put your friends money where your mouth is.
Don’t blame LePage for BOA’s ills. They brought them on themselves. Stay tuned.
what’s lepage supposed to do about it?
BOA recieved BILLIONs of our money in “bailout” packages, they were a troubled company to begin with.
BOA shouldn’t even exist anymore and if free markets were still in place they would not exist.
I worked for Microdyne about 3 years ago. Trained for 2 weeks, worked 1 day on the floor and knew it wasn’t for me. 1 of the 2 worst jobs I ever had. Still feel bad for the people who can do (and/or like) that sort of thing that they’ll be outta work in 6 or 7 months.
Key Bank has to be the worse. I received a Key Bank check from Somerset County government once, i went into a Key Bank to cash it and they wanted me to open an account to cash it, or pay $5 to cash it. Their own bank check and they gave me a hard time trying to cash it.
I can not imagine having them as a bank. Good god
Key Bank, with locations as far south as Pennsylvania I believe. Somerset County cant find a local bank right in the county to do business with?
I know the State of Maine uses TD Banknorth, again another large corporate bank. Why cant the State of Maine write checks drawn from funds out of its own treasury like the Feds do?
We have Key Bank here in Dayton & Cincinnati, Ohio also. I quit using them. Too many fees. Use a bank called Fifth Third Bank and my local railroad credit union. Fifth Third Bank has no fees if you maintain a small balance in your checking account for those of us over, you guessed it, 53.
I’ve had good luck with Key.
They are investment bankers.. They could care less about anyone
BofA has pandered to every lefty cause for the past 30 years. Good riddance to them, it’s nice to see the occupy and tea party agree on something.
http://www.gayfriendlycompanies.info/content/view/19/26/ I’d like to see more of these businesses go under. I think this spring when occupy crowd comes back from hibernation, I’m going to join them
what is wrong with you? Why do you care if a company is gay-friendly? It doesn’t affect you. You are an ignorant redneck.
My neck is quite dark. I have most likely lived in more large cities than you’ll ever visit in your lifetime. Many of them “gay friendly” and that is why I know more about their aberrant lifestyle. You would rather stick you head in the sand and pretend life is lollipops, sunshine and rainbows.
Aberrant lifestyle? Good lord. Not too bigoted.
Thanks for the link.Now I know which businesses to SUPPORT AND PUBLICIZE with my dollars-those who treat ALL of their people fairly.And enjoy OWS- you’ll never meet a greater group of Americans except for our troops and greeters.
While other watch one fall by the wayside after another. Shame on you for supporting BoA, one of the most immoral companies that treats their employees like @#$% and the tax payer too.
I don’t agree with all of BOA’s policies and in general the bigger the bank/WS institution,etc. the greater the harm.BUT if they are willing to treat all their employees alike instead of discriminating like you want,that deserves a pat on the back.
do you hear a SUCKING SOUND Mr LePage … are you listning ?
That’s you asking boss-man for a raise.
600 jobs in Brunswick gone, 35 jobs in Burnham gone, 200 jobs in Orono gone. Meanwhile Lepage illegally gave 17 million to a Canadian investment bank who bailed on us as soon as the transfer was complete.
Don’t forget the 131 jobs at the postal distribution center…I believe that is in Ellsworth
It was in Herman just south of Bangor. Your right though. Lepage did nothing about that just like he did nothing to force Brookfield Asset management to keep their promises and open the coated paper mill we gave them 17 mill for.
More Maine jobs bye bye and LePage is on another vacation. Since LePage took control, Maine has hemorrhaged jobs weekly almost daily now. We have lost thousands of jobs since this Loser has become Govna. It is becoming a very desperate situation in Maine. LePage, where are the jobs you promised ????????????Maine is sinking into the Abyss, 50Th worst state for jobs nationwide. I can see the U-Haul Trucks heading South on 95 right now. That is if you have any money left to rent a U-Haul. Very very Frightening.
I don’t like LePage, either, but I don’t think he, or Obama, can be held responsible for a national bank like BofA having issues. As someone posted earlier, they brought financial troubles on themselves before the banking crisis.
You miss the whole point. BofA is just one of the many many many companies that have either moved out of Maine or just closed and laid off Mainers this past year. People on this blog are reacting to just BofA when in reality it is the LePage Administration that has had disastrous effects on ALL Employers in Maine. LePage is so backward and crude he can’t even look the President of the United States in the eyes, so he runs away from the White House meeting. In case LePage doesn’t know yet, we are still part of the United States, NOT CANADA. So many stores and companies have closed their doors in Maine this past year it is really frightening. LePage has done nothing trying to attract business or jobs to Maine. Georgia just got a New Caterpillar plant going to employ 6000 people 1400 in the plant and the other thousands with the new supply factories. BMW is looking to build a new auto plant in the USA. Every Southern State has new auto factories from foreign countries moving there. Even the Midwest is attracting foreign auto factories now. Maine is DOOMED.
Not a fan of lePage at all. Companies all over the country are folding or moving off shore. It’s not just Maine but the whole country that is going down the tubes. The southern states will always win out. Just the fact that the climate is less harsh does alot to attract businesses. Areas that have larger populations are also easier when it comes to attracting workers. People are already there and don’t have to move to find work.
I wish you were wrong but you’re not.
So they treat their workers like they treat their customers. Who knew?
I hope the Bank folds, But it is more about profits then being overstaffed…
We have plenty of Credit Unions and Maine Banks and don’t need BOA…
A business/bank that got a shot of adrenaline from tax payer funds. I dont know if they still owe us all money or not. Financial analysts all say B of A(BAC) is in a deep hole and might take five to six years to get back on track, if they can get back on track. Sometimes it is better to let nature take its course. Nature determines when I will check out of this world, perhaps it should be the same with private enterprises.
So we’re laying off people in Orono who called up people in Veazie to tell them they’re getting foreclosed.
Even bankruptcy doesn’t make money anymore.
I love this. First they buy Countrywide, which everyone in the mortgage industry knew was a dog from jump 1. Then they manage to be part of the bunch that got Glass-Stegall repealed and start investing where they no business doing so. Then, when they get burned by their own stupidity in the meltdown, they get bailout money AND get to write off almost 100 % of their Countrywide loss’s and get Countrywide’s President a Platinum Parachute. And then when they get into more trouble, they go and try to shove a $5.00 debit card use fee on it’s own customer’s to try to get their own customer’s to bail them out of a mess of BoA’s management’s own making. Now I may not be the sharpest knife in the drawer but does anyone else see a more than troubling trend in BoA’s direction ? And is it a wonder why BoA is screaming so loudly about the Dodd-Frank Act, that is in effect the old Glass-Stegall Act updated and now with teeth ?
Do I want to see the 200 jobs leave Maine ? No. But this whole mess is of BoA’s own making. That BoA is taking out their frustrations and business incompetence on Maine is just another sign that the financial services sector needs some serious oversight. It’s also a sign that BoA may not be a sound as it says it is. The recent BoA decision’s show a serious power struggle in the BoA headshed. That as a given, it also shows that no one is in charge. And that is more than a bit troubling.
“it also shows that no one is in charge. And that is more than a bit troubling.”
SO THE CORPORATE PERSON IS HAVING AN IDENTITY CRISIS ?
That’s funny Mr. Michaud. Reminding BOA that they owe a debt to the American tax payer. Like that is going to have any affect on their corporate conscience. They have none. Never have, never will. Everyone in Maine who is a BOA customer should close their accounts and move to a credit union. Kick them in the wallet, it is right next to their conscience.
The AP keeps telling me that we are in the middle of the Obama Recovery. I can feel the warmth of that Hope and Change…right here at home!
The Leftist media is doing quite a job of making sure you see things that aren’t meaningful while hiding things that are. Happily, all of them…AP included…will only be able to slouch over in November and say, “We tried…”
From the article it seems that the Orono center’s main purpose was working with customers who were behind on mortgage payments. I guess that’s another sign that the economy is improving.
or their phones have been shut off
No No No….It is called outsourcing. They found cheaper labor in another country. The calls still have to be made just now it will be by someone that speaks broken english. When I get a call from another country or if I’m trying to buy something, I ask for a US agent or person. I will devote extra time on the phone for this and so far it, works.
Why do people say, ‘It goes without saying…’ and then say it anyway?
ignorant statement
Actually I’m very well informed.
Thanks a lot Warren Buffett. Everything you get involved in is wrong for the worker. I still remember that you are why Dexter Shoe closed.
That is why I am a Republican that can not vote for Romney, because he does the same as Buffett. My vote will go to Santorum if he gets the nomination.
I worked at Dexter shoe, and he is not the reason it closed. First, it was dying when Harold Alfond sold it to him for tons of Berkshire shares, with which he made a fortune. Shoes were already being made in Puerto Rico and China before Buffet bought it. It was being mismanaged for years before then.
That does not change the fact that Dexter Shoe closed after Warren Buffett took control.
New Balance makes some shoes in China, but they still have Factories here in Maine and one in Mass. If new Balance ever gets sold, the same thing will happen, and what I am saying is that is wrong!!
Warren Buffett sold his shares in BOA in 2010
http://warren-buffett-portfolio.com/
I think it is time the AMERICAN people change the system so an elected officials can be fired by the people in a majority vote immediately! The people should have the right to fire and replace “any” elected official without waiting. We should also be the ones who set the salaries, pensions and insurance packages for these people who allegedly work for us!!!!!!!!!!!!!!!!!!!!
If we did that we would have new people every month in the white house an congress
More jobs created by LePage.. Great job!!
If you think that anything done is Maine has ANY effect on what BofA does or doesn’t do you are very wrong. I for one I am glad they are gone. I would rather live in my car and eat old C rations and dumpster food than work for such a corrupt and evil company. If they took control of your property because you were behind on your mortgage (even though you paid cash for your house, or the property wasn’t even in their inventory) you might be thinking differently about them. the people that control the big banks in this country aren’t even in the 1%. More like the 1% of 1%.
Also want to say that I am in no way a fan of our governor or his party. No fan of the Dems either.
This country is going to hell and one of the reasons is that both parties are pretty much one in the same when it comes to money, or sending jobs overseas. As long as we keep fighting amongst ourselves this will continue.
This political bickering back and forth reminds me of when people argue on their car manufacturer being the best based on which NASCRAP team they follow. As if these race cars are like the ones that we the public buy. Same thing with politics.
Nice job Paulie Walnuts.Now even the crappy jobs are following the good ones.Even those of us smart enough to vote against you were hoping you wouldn’t be this bad.
who owns BOA, is that the guy called Buffett, who is oh ya thats right, obama’s boy, nice job obama
Buffett sold his share in BOA.
http://warren-buffett-portfolio.com/
Some here would blame Our Great Governor Paul LePage for this, when in fact when John Baldacci was gov. we lost more Tele-Bank jobs then this… Now go buy your wally world sneakers from china, when New Balance has a factory here in Maine thats jobs supports Maine families….
I see. Because something happened previously, it’s OK for LePage to do it now. Interesting.
“MAINE, the way life should be…”
The Occupy folks win another one.
Congrats!
The Occupy was just pointing out these issues, they didn’t create it.
I don’t think anyone ever claimed that those deadbeats ever created anything, especially anything that employed anyone. I was just pointing out that they got one of the things they wanted. I hope that enough of their agenda is accomplished for the People of Maine to recognize what they are and reward them well.
If you think B of A has troubles, just wait a few more months to see what a real banking diaster looks like- worldwide. Defaults not in millions, or billions…but in trillions. Think private and government insurance- internationally- will help? Are you kidding!
When Gas hits $5 a gallon everything will shut down in this country..
cry me a river
test
test
no problem here….do not forget Bangor’s great economic development engine will soon be opening at Bass Park…. these people can work at the new basketball arena selling popcorn.
LePuke time to make a new sign. Vacationland and no jobs but open for Business.
WOW everybody has been bashing BOA for a couple years now. Calling names attempted boycotts and such. Now they are leaving and now everybody likes them and wants them to stay? It is both parties faults. Both parties giving in to the bipartisan crap instead of standing there ground.Until the liberals learn that the government is not the mommy and daddy to all and the Republicans stop preaching and start acting this will never end. The only way the liberals can exist is if there are those who work hard and pay lots of taxes to support there ideals. This system never works but people keep trying.
My thoughts exactly! What really needs to happen is for the “evil” 1% to just close their doors. Stop producing and manufacturing. Quit the 12-15 hour days and go to their beach homes in the Bahamas and party. I wonder what the populist dopes would think when there is not a damn thing on the shelves at their favorite stores?
Well, we’d pretty much be forced to go back to a local economic system with many new forms of currency that would compete with each other accross the varios regions. The fraudulent paper assets of the “1%” would become worthless, as the rest of us would not honor their fake dollars, and they would ultimately be brought right down to the same level as the rest of us.
Sure there would be rather painful transition as people begin to realize the illusions they have been living in for all these years. But eventually the economy would come back, it has to, as humans would still be alive and would still wish to trade amongst themselves. In reality, it would probably be a good thing for society in the long run…it certainly would correct the absolute distortion of income levels in this nation and it would definitely provide the citizenry more liberty as they would not be trading with a monopolized currency that is devalued in a sinister manner which only benefits those at the top.
So go ahead, close the shops, shut the 1% down, take the fake paper assets and burn them for fuel, that’s about all they’ll be worth.
But….oh…..wait, that’s right, the top 1% don’t want this to happen because then they would have to live like the rest of us poor saps and have to work for a profit instead of plundering everyone else…
So you think it is OK that B.O.A. allowed policy-wonks to crash their business into a wall, sell worthless products, take taxpayer bail-out money, then use that money to give bonuses to executives in the company while failing to provide the credit to folks (which was what the tax money was supposed to do?)
The fine old San Francisco bank. started by an Italian immigrant to provide financing for other immigrants (of all races and colors) is now a North Carolina loan sharking operation.
Curse them.. I’m glad they’re gone. Now they can abandon Belfast too… Don’t let the door hit you in the tail as you leave.
BofA is one of the worst companies in the world. Period. I wonder how many homes they have repossed when the homes were either owned outright, or not even in the BofA inventory? Their list of misdeeds is too big for me to comment on here.
Good post HHSIII. thanks for bringing up just how that company is.
Also want to say that I am no fan of our governor or his party. Not a fan of the Dems either. our whole country is going to hell and both parties are at fault.
Think the employees should propose that they will forget how to speak English and talk with Indian accent and then BoA will be in love with them.
This is sad, I know a lot of young kids that work at BOA and today they are looking for employment out of the State of Maine. Why not? You want to better yourself leave Maine, Florida has great opportunities. So many jobs, rent is cheap ! Best of Luck to all these go getters!! You will make it in the big corporate world.
REMEMBER when Maine gave away most consumer protection laws concerning banking to get MBNA (B.O.A.’s predecessor) to locate here. REMEMBER the Bangor Daily pushing this idea? Remember when ATM’s were free, there were no “late charges” and no “over limit fees?” Remember when interest rates were capped at 18%?
The voters gave all that away, because they were promised good and permanent jobs. I guess “forever” in bank-speak is fewer than 20 years.
Now that they’re gone, can we have our free ATM’s back?????? Please???
Bangor Savings Bank has free ATMs.
Buy locally, bank locally.
This story is more evidence that National Banks don’t care about local economies.
Bank where your money will stay local!
I see lots of questions and anger at lepage. What I see is the governor and legislature both holding onto the steering wheel of Maine and pulling hard. What do you think is gonna happen when some one flinches, the state goes into the ditch with each party blaming the other; or we stay on the same path till something happens.. and it benefits no one.. we elected all of them.Want to blame somebody ? if you voted, go look in the mirror.
When OCCUPY MAINE targeted B.O.A. I wondered what the result would be. ….now we know.
You want protest occupations and demonstrations?
Now go look for another job.
What did the ows do the they were fleacing the people long before the ows came along
more jobs for India and Philippines
The LePage economic miracle marches on.
Yessah
A job at the “bank” used to mean “security” just like an education might mean a good”job”. There are no more ethics in banking than there are in politics. B.O.A. has ruined my credit and we are near to losing our home. They have sent me forms to fill out that contain the names,addresses ,telephone numbers and SOCIAL SECURITY NUMBERS of B.O.A. customers in Massachusetts. I notified the District Attorney in Maine and Massachusetts……….no interest in pursuing this breach of trust. B.O.A is putting us on the rocks.
Yo # 3:
Hope this helps, eh?
In 2001 we brought Mike Ruppert to speak at Bates College.
In 2009 they made a film about Mike Ruppert called COLLAPSE
Ask your library to get a copy for you to watch through their interlibary loan program
It is free.
I go to his website almost everyday. see
http://www.collapsenet.com/
Here is what film critic Roger Ebert said about the movie.
http://rogerebert.suntimes.com/apps/pbcs.dll/article?AID=/20091209/REVIEWS/912099993
just noticed the TD bank story on a call center in Auburn adding 500 jobs back in july. It is Being related to this story. lol Win some /Lose some..
Michaud is extremely disappointed? Wow Mike, can you help at all or do you wait until you are “wicked mad”?
Are we talking Mike UnBalance Michaud?
He is the only pol I know that practices his unique brand of Saul “Mardens” Alinsky
community organizing, eh?
Thanks for caring Mike, BOA workers are getting out of town. This keeps up the only poeple left in Maine will be Health Care workers and politicians.
Maybe if LePage had skipped dinner too, he coulda stopped this from happening…..
and if he didn’t go to Florida he could have stopped the sorting facility too.