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BofA: $20B bailout, huge Merrill loss

Posted by socker 1225 days ago (http://money.cnn.com)
Category: Economy | Tags: bailout bank boa loss money
Bank of America has received another $20 billion from the federal government's bailout fund, along with guarantees on $118 billion of assets at the bank, to absorb its recent purchase of the ailing Merrill Lynch.
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