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Archive Home > 2009 > September > 22 > BofA seeks to pay back federal aid

BofA seeks to pay back federal aid


September 22, 2009

One year and two bailouts later, Bank of America is moving to extricate itself from Washington's grip.

With the financial industry on the mend, the giant bank announced several measures on Monday to reduce its reliance on federal aid.

Bank of America and its CEO, Kenneth Lewis, are moving....

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