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Bank of America, Literally
truthdig.com - 1/16/2009
Bank of America, Literally
—
The taxpayers’ bank opened a new branch on Thursday: Uncle Sam just threw $20 billion Bank of America’s way. The government is also on the hook for $118 billion more in crap assets. Bank of America chief Ken Lewis calls it the “deal of a lifetime.” No kidding.  ...

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Bank of America to receive additional $20 billion - International Herald Tribune
iht.com - 1/16/2009
Bank of America to receive additional $20 billion - International Herald Tribune
— iht.com — Kenneth Lewis gambled on bold acquisitions to build Bank of America into the nation's largest bank. But the need for fresh government support to grapple with the newly revealed losses at Merrill Lynch, the brokerage firm he snapped up in a rapid-fire ... (more) Bank of America to receive additional $20 billion - ...
Comments vote down This Blog Is Full Of Crap found this 1/16/2009found this
krugman.blogs.nytimes.com - 1/18/2009
More on the bad bank
— krugman.blogs.nytimes.com — OK, I've been doing more homework on the "bad" or "aggregator" bank idea that seems to be gaining ground. And here's what I think: it's mainly based on a false analogy. What people are thinking about, it's pretty clear, is the Resolution Trust ... (more) More on the bad bank
Comments vote down Eschaton found this 1/18/2009found this
mcclatchydc.com - 1/16/2009
Bank of America to get $20 billion in emergency funds
— mcclatchydc.com — WASHINGTON — With a new round of turmoil gripping the financial markets, the Bush administration late Thursday night rushed $20 billion in emergency funding for Bank of America. (more) Bank of America to get $20 billion in emergency funds

Comments vote down Michelle Malkin found this 1/16/2009found this
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Crooks and Liars — Comments from Left Field: Nearly 50 years ago, another Republican president said farewell to the nation with what was essentially a warning about George W. Bush and his administration MotherJones Blog: Palin to be a no show at Obama's dinner for McCain Truthdig: Bank of America...literally Culture11: The War on Drugs militarizes our police, enriches our enemies, undermines our laws, and condemns sick people to suffering Balloon Juice: The most miserable dude in DC right now ...

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