Bank of America posts $5.2B loss
Bank of America posts $5.2B loss
CHARLOTTE, N.C. — Bank of America Corp. said Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make mortgage and credit card payments and the bank repaid its government bailout money.
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BofA loses $5.2B in 4Q as it repays bailout
BofA loses $5.2B in 4Q as it repays bailout
Bank of America Corp. said Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make mortgage and credit card payments and the bank repaid its government bailout money.
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BofA Loses $5.2B as it Repays Bailout
BofA Loses $5.2B as it Repays Bailout
4Q Loss Also Impacted by Consumers’ Struggle to Make Mortgage and Credit Card Payments
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