Amid Major Job Cuts, Is Bank of America 'Too Big to Manage'?

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Uploaded by on Sep 12, 2011

Read the transcript: http://to.pbs.org/qVtNRv

Bank of America, the nation's largest lender, announced plans to shrink the company by 30,000 people over the next two years. Judy Woodruff discusses Banks of America's troubles and the growing concerns over interconnected global financial problems with banking expert Bert Ely and Simon Johnson, former IMF chief economist.

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