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Bank of America Paying Hefty Bonuses

June 18, 2009 – 11:07 am – Comments Off

Bank of America Paying Hefty Bonuses

Bank of America first hit the news as one of the major banks receiving TARP funds. The government “stress tests” found that Bank of America needed $33.9 billion in capital just to survive. When that news came out, they started selling extra stocks and liquidating …

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