Friday, January 23, 2009

BofA Gets More Bailout Money

BofA (shorthand for Bank of America - NYSE: BAC) got another round of bailout money from not only the Treasury, but also from the Fed and the FDIC as well. BofA has already recieved one of largest dole outs of the first round of TARP funds along with the other eight Paulson hand-picked mega-banks when the initial bailout was approved and funded by Congress a few short months ago. BofA - Among The Biggest Bailout Recipients In the wake of the Senate passing the authorization to release the seco

Read More...

No comments: