Bank of America
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Fed to the Rescue, Grants BofA $20 Billion More
Jan 16, 2009Whispers Thursday afternoon of a possible second-round injection of federal funds into Bank of America Corp. [stock BAC][/stock] were confirmed late Thursday night when the U.S. Treasury and Federal Deposit Insurance Corp. announced in a press release the government had agreed to invest an additional $20 billion into the banking giant. The $20 billion in TARP funds will be exchanged for preferred stock with an 8 percent dividend to the Treasury.
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BofA Treasury Aid Totals $25 Billion; More to Come?
Jan 15, 2009 -
Chase Latest to Exit Wholesale Lending; Anyone Left?
Jan 13, 2009 -
Bleak Outlooks, Exec Departures at BofA, Citi
Jan 12, 2009 -
Banks May Take Hit on FHLB Stock Holdings
Jan 09, 2009 -
Wachovia Scores Big with Customers
Dec 16, 2008 -
JP Morgan’s Dimon: It’s Been a ‘Terrible’ Quarter
Dec 12, 2008 -
Bank of America Will Cut At Least 30,000 Employees Before 2012
Dec 11, 2008 -
BofA Shareholders Approve Merrill Lynch Purchase
Dec 05, 2008 -
Retirement, Golden Days At Risk: Survey
Dec 05, 2008 -
Bank of America’s Job Cuts Could Get Ugly: Report
Dec 04, 2008
