Common Ground Common Sense > Bank of America: $2.2 billion loss

Snuffysmith

Oct 16 2009, 03:05 PM

Bank of America: $2.2 billion loss

Nation's biggest bank is hit by bad loans. Outgoing CEO Ken Lewis calls credit costs 'our major financial challenge going forward.'

http://money.cnn.com/2009/10/16/news/compa...sults/index.htm

Snuffysmith

Oct 16 2009, 03:08 PM

Bank of America posts third-quarter loss on defaults – Bloomberg

http://www.bloomberg.com/apps/news?pid=206...id=a16vP7nEvu84

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