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Banc Of America Bail-Out #2

Tyler Durden's picture




 

CNBC reporting that Banc of America to receive more tax money to fund their phenomenally well-run operation. With purchases such as Angelo Mozillo's golden parachute and Merrill Lynch's empty cubicles this makes lots of sense. Looks like federal guarantee will be $100-$200 billion...

Erin Burnett asking the right questions; market not giving rat's ass

 

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