Tuesday, January 15, 2008

Bank of Amer gets Taxpayer $$ for purchase of Countrywide

"Guess who's helping Bank of America pay for its $4.1 billion purchase of Countrywide Financial? Answer: The taxpayers of the United States...." Tax breaks for B of A's purchase of Countrywide will total at least $500 million over the next 5 years--and even more after 5 years.

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