December 2, 2009

THANKS, W:

Bank of America to Repay $45 Billion From TARP (NY Times, December 2, 2009)

Bank of America said late Wednesday that it would repay its entire $45 billion in government bailout money before the end of the year. The move should help the bank recruit a new chief executive by freeing it from government restrictions on executive pay at bailed-out companies.

Reblog this post [with Zemanta]
Posted by Orrin Judd at December 2, 2009 9:10 PM
blog comments powered by Disqus
« THE REALLY AMAZING THING...: | Main | JOIN THE CLUB: »