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Tag Archives: China Construction Bank
A Waste of TARP
Bank of America is making a $7 billion dollar cash investment into China Construction Bank. Bank of America received $15 billion directly from TARP and will get another $10 billion (when they close the Merrill Lynch acquisition at year end). … Continue reading
Posted in Finance
Tagged Bank of America, Campbell Harvey, China Construction Bank, Financial Crisis '08, TARP
2 Comments