Tuesday, July 19, 2011

What if they had a good year?

News items:
Feb. 3 (Bloomberg) -- Bank of America Corp., the nation’s largest lender, will pay investment-banking employees bonuses of about $4.4 billion for last year, or an average of $400,000 each, a person close to the bank said.
Jul. 19 (Reuters) -- Bank of America Corp., the largest U.S. bank by assets, on Tuesday reported a second quarter net loss of $8.8 billion.
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