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Bank of America obtains aid for Merrill deal (Reuters)

Started by riky, January 16, 2009, 07:01:37 AM

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riky

Bank of America obtains aid for Merrill deal
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Bank of America Corp will receive $20 billion in fresh government cash and a federal backstop against $118 billion of bad assets to help the bank absorb Merrill Lynch & Co, U.S. officials said on Friday.</p><br clear="all"/>


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