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Tuesday, April 7, 2009
Biz / News WTF? Bank of America pays U.S. $713M in dividends
Posted By Carlton Hargro on Tue, Apr 7, 2009 at 10:58 AM
In some rare good banking news, the Boston Business Journal reported:
The board at Bank of America Corp. has authorized the payment of $713 million in dividends to the U.S. government under the Troubled Asset Relief Program.
A few billion more and the company may actually pay off its TARP loan. Read the rest of the story right here.
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