U.S. Treasury, Fed and FDIC to Protect Bank of America from losses (DailyFX)

[DailyFX]

Bank of America is getting support from the Fed, FDIC and Treasury, for the Merrill Lynch deal with the funds coming from the latest $350 bln tranche of...http://feeds.dailyfx.com/~r/dailyfxrss/~4/513692399

complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/513692399/U_S__Treasury__Fed_and_FDIC_1232084842707.html)