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Friday, January 16, 2009

Top U.S. banks post huge losses as BofA gets aid

Top U.S. banks post huge losses as BofA gets aid
"...The U.S. government extended $20 billion of new aid to Bank of America Corp hours before both the largest U.S. bank, and the country's third largest, Citigroup, reported multibillion-dollar losses from the ongoing global credit crisis...."
Reference: uk.reuters.com/

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