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Old 01-15-2009, 06:27 AM
 
Location: Tennessee/Michigan
28,959 posts, read 49,620,408 times
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WASHINGTON/NEW YORK - Bank of America, the largest U.S. bank, is close to getting billions of dollars more in federal support from taxpayers, a person familiar with the matter said on Wednesday.

As Congress debated the future of the government’s $700-billion financial markets rescue program, the source said that Bank of America has struggled to digest its January 1 buyout of former Wall Street brokerage giant Merrill Lynch & Co.

Bank of America in talks for more bailout funds - Economy in Turmoil- msnbc.com
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Old 01-19-2009, 01:34 PM
 
866 posts, read 3,920,248 times
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WOW!!!!!! They take all of the first round of bailout money, buy up a ton of healthy banks and did not give a cent to the American people as they were supposed to. And now they are going to get more! Usually I am against gov. regulation, but something must be done here!
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