Thursday, May 10, 2012

Denial

George Goehl of National People’s Action, who was inside, told CNN about Bank of America CEO Brian Moynihan’s reaction: “Dozens of us were able to speak, but Moynihan mostly dodged, deflected and denied. He looked visibly uncomfortable the entire time.”

Moynihan can easily throw out that Bank of America will help, "it's just a matter of making a phone call" however the American public by now should know that statement is a lie.  Mostly the big banks do not want to help because it is more beneficial for them to foreclose and collect some form of insurance along with the collateral than it is to work with homeowners.  GREED, this is why he dodged, deflected, and denied because he knows that what he is saying or not saying is a lie---Hey I have it in writing, that Bank of America will not help.

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