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huffingtonpost.com - 1/15/2009
Bank Of America To Get Billions More In Bailout Funds From Treasury
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The Treasury Department plans to invest billions of dollars in Bank of America to help the company absorb troubled investment bank Merrill Lynch, according to two people familiar with the matter, The Post's Binyamin Appelbaum reports. The new investment, which is expected to be announced ...
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
online.wsj.com - 1/14/2009
Bank of America to Get Billions in U.S. Aid
— online.wsj.com — WASHINGTON -- The U.S. government has agreed to commit billions in additional aid to Bank of America... Corp. to help the nation's largest bank by assets close its acquisition of Merrill Lynch & Co., according to people familiar with the situation. ... (more) Bank of America to Get Billions in U.S. Aid

Comments vote down Calculated Risk found this 1/14/2009found this
Bank of America Blows Bailout on Execs (video)
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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)

Comments vote down DownWithTyranny! found this 1/15/2009found this

Blog Reactions

Politics Daily:  America to Obama: Stimulate Me!

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Blog Reactions

America to Obama: Stimulate Me!
Politics Daily — ... While Bank of America (one of the too-big-to-fail variety) and the government negotiate another taxpayer cash infusion, it's no wonder that people are feeling a bit spiteful about the lack of transparency to Henry Paulson and George Bush's magic fix. Like disgruntled ...

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Bank of America, Literally
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Bank of America: Stop Payment on the Bailout
freechoice.seiu.org 1/16/2009 — Tell Bank of America: Help Your Workers or Give Back the Bailout Watch this video and sign our petition demanding Bank of America use its bailout to help its workers and boost the economy.
The Associated Press: Obama promises changes in use of bailout billions
google.com 1/12/2009 — 1 day ago WASHINGTON (AP) Seeking to reassure wary lawmakers, President-elect Barack Obama said Monday he will fundamentally change the way the second half of the $700 billion financial bailout fund is spent, focusing some of the relief on housing ...
Bank of America Posts Quarterly Loss After Bailout (Update3)
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The Next Step for the U.S. Bank Bailout
calculatedriskblog.com 1/17/2009 — From the WSJ: U.S. Plots New Phase in Banking Bailout Officials at the Treasury, Federal Reserve and Federal Deposit Insurance Corp., in consultation with the incoming Obama administration, are discussing a plan to create a government bank that would ...
$4 Trillion Bank Bailout?
calculatedriskblog.com 1/29/2009 — From CNBC: Bank Bailout Could Cost Up to $4 Trillion: Economists Goldman Sachs estimated that it would take on the order of $4 trillion to buy troubled mortgage and consumer debt. That number could shrink if the program were limited to only certain ...
Bank bailout funds could be used for Detroit - Dec. 11, 2008
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Bank of America Gets Quite a Deal
tpmcafe.talkingpointsmemo.com 1/18/2009 — We have a deal. You, US taxpayer, have generously provided to Bank of America the following: one Treasury-FDIC guarantee "against the possibility of unusually large losses" on a pool of assets taken over from Merrill Lynch to the tune of $118bn, and ...
Treasury, Bank of America reach bailout deal (AP) — Yahoo! News: Politics News 1/16/2009
AP - The government has extended a new multibillion-dollar lifeline to one of the country's biggest banks as officials continue to struggle with a serious crisis in the financial system.