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The U.S. Treasury Department is moving to provide Bank of America billions of dollars in additional aid.
From The International Herald Tribune...
Bank of America has already received $25 billion from the Troubled Asset Relief Program but still struggles with mounting losses at the recently acquired Merrill Lynch. BOA will now join Citigroup with receiving additional lifeline from the government.
-Tags: BOA, bank of america, citigroup, tarp, treasury department