Bank of America Net Income Falls 77% on Writedowns

April 21st, 2008

Via: Bloomberg:

Bank of America Corp., the second- largest U.S. bank, said profit dropped for a third straight quarter as the company set aside $6.01 billion for bad loans.

Posted in Economy | Top Of Page

One Response to “Bank of America Net Income Falls 77% on Writedowns”

  1. Eileen says:
    April 22, 2008 at 4:09 am

    Now this is not a shock.
    I called this previously, but so what. I can’t bring out of the depths of me what is next.
    Am going to continue to work the plan.
    Convert dollars to something other than dollars.
    Land for a farming and general hideout is the sun I see on my horizon. Am interviewing kin and friends as to whether they’d be on board with me.

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