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Bank of America’s Job Cuts Could Get Ugly: Report 

Dec 04, 2008By

As Bank of America Corp. [stock BAC][/stock] prepares for a pending acquisition of Merrill Lynch & Co. [stock MER][/stock] later this year, news is leaking out that the job cuts involved with swallowing the operations of the world’s largest retail brokerage and an additional heaping serving of bad mortgages could be far worse than the company originally suggested when the merger was first announced.