Bank Of America looks to cut 30,000 US jobs:

Bank Of America looks to cut 30,000 US jobs, and says it’s only non-profitable arm is their mortgage business… it seems that as the US economy goes, so does Bank Of America the country’s largest bank, is looking to down size and save a few billion in the next couple of years.

With the world working through an almost 98% likelihood that Greece will default on its loans we can only expect more energy and focus on your economy, and it will be interesting to see what happens over the holiday months when our economy gets into more spending.

List to more from Market Place morning report.