Tag: FDIC

On January 16th 2009, Bank of America (BofA) disclosed with its first ever quarterly loss of $1.79 billion, a US government loan backstop for $118 billion on assets mostly from its government encouraged Merrill Lynch acquisition1. The loan backstop is …

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CNN Money is maintaining a great resource tracking all the bailout money. For an overall¬†comprehensive list of all the bailout programs by Congress, Treasury and the Fed List of 650 banks, so far,¬†which have received bailout money List of 94 …

Bailout Money Tracker – CNN Money Read More »

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