Bank of America, the home state bank

Once North Carolinians were proud to call Bank of America a Tarheel bank. It seemed well run and actually avoided many of the moral and professional lapses of most other banks. The ones that nearly destroyed the world economy and put paid to Western Civilization.

That was then.

Now - they are an embarrassment. This is just the latest installment of the Bank that can't shot straight.

not only too big too fail, too big to run efficiently: Clemens' First Law of Bureaucratic Growth.