The following video is from Monday's installment of Where the Money Is, in which Fool analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
In this segment, Matt takes a moment to send a message directly to Brian Moynihan, CEO of Bank of America (NYSE:BAC). Matt implores him to reexamine his current cost-cutting strategy, which he feels is sacrificing the long-term goals of building a culture that people want to bank with, work within, and invest in for the sake of short-term profits.
The relevant video segment can be found between 6:33 and 7:50.
David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends and owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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