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Archive Home > 2009 > January > 16 > U.S., Bank of America reach bailout deal

U.S., Bank of America reach bailout deal

By Martin Crutsinger / The Bulletin
January 16, 2009

WASHINGTON — Bank of America reached an agreement late Thursday for an additional $20 billion in support from the government’s emergency bailout fund, plus guarantees against losses on up to $118 billion in troubled assets.

The agreement was announced following marathon....

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