Tuesday, May 05, 2009

U.S. Says Bank of America Needs $33.9 Billion

The government has told Bank of America it will need to raise $33.9 billion in capital to withstand any worsening of the economic downturn, according to an executive at the bank.

read more | digg story

2 comments:

Anonymous said...

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Sincerely,
MediaMentions

Eduardo Cantoral said...

Media Mention:

There is a difference between 10 billion and 33.9 billion.

Maybe BofA should get 10 first and go up from there.

Eduardo

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