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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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From: geode001/15/2009 2:26:06 AM
   of 173976
 
Bank of America May Receive U.S. Aid for Merrill Lynch Purchase


By David Mildenberg

Jan. 15 (Bloomberg) -- Bank of America Corp., the biggest U.S. bank by assets, may get more aid from the government to help absorb losses tied to this month’s acquisition of Merrill Lynch & Co., three people familiar with the matter said.

Details are likely to be disclosed on Jan. 20, the people said. That’s when Bank of America may post its first quarterly loss in 17 years as it digests the purchases of Merrill Lynch and Countrywide Financial Corp. The combined company has already received $25 billion from the U.S....

bloomberg

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Unbelievable. It just keeps rolling along this ridiculous route.

Unbelievable.
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