The Undollar Digest

Bank of America Bosses Find Friend in the Fed

Jonathan Weil 10/19/2011 www.bloomberg.com

One of the reasons so many Americans are ticked off at the Federal Reserve is a lingering sense that it puts big banks’ interests above those of ordinary taxpayers. The news that the Fed is taking Bank of America Corp. (BAC)’s side in a dispute over where to park some of the company’s holdings only [...]


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