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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 - ...

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nytimes.com - 1/16/2009

Bank of America to Receive Additional $20 Billion

— nytimes.com — Kenneth D. 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 ... (more) Bank of America to Receive Additional $20 Billion

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youtube.com - 1/15/2009

Bank of America Blows Bailout on Execs (video)

— youtube.com — http://seiu.org/bofa Taxpayers have given Bank of America $25 billion in bailout funds to help jumpstart our economy,... but instead the bank has misspent on ex... (more) Bank of America Blows Bailout on Execs (video)

Bank of America

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Middle of the night bailout for Bank of America; TARP
Michelle Malkin — Are you beyond numb? Bush the pre-socializer says farewell with a $20 billion, secret middle-of-the-night bailout for Bank of America and an additional government backstop of $118 billion for its assets — all on top of cutting a deal with Barack Obama to give away the second $350 billion of the Crap Sandwich/TARP Big Business bailout. ...

Bank of America, Literally
Truthdig: Drilling Beneath the Headlines — ... 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. ...

Bank of America latest recipient of Bailout Mania
Hot Air » Top Picks — ... Remember when the feds arranged a hasty sale of Merrill Lynch to Bank of America in order to avoid its collapse?  Now they’ve had to rescue BofA too , with $20 billion in TARP funds and a 12-digit pledge to cover their assets to keep depositors from making a run on the bank.  Of course, they’re Too Big To Fail TM— or at least they are now: 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. Just months ago, Bank of America, based in Charlotte, N.C., appeared to ...