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Big Banks, Little Dividends: More Bad News For Large Banks

By Dividends4Life on Fri, 2009-01-23 07:35
(via dividendsvalue.com)

Big banks continue to struggle and rely on TARP funds to prop them up. Last week Bank of America (BAC) reported a net loss of $0.48 per share for the fourth quarter. The U.S. government agreed to provide BAC an additional $20 billion to assist in the Merrill acquisition.