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Financial News

Friday January 16, 10:30 AM

 

 

The US government threw Bank of America a new 20-billion-dollar lifeline

By Nicholas Kamm

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People use a Bank of America automatic teller machine in Washington. The US government threw Bank of America a new 20-billion-dollar lifeline as once-rock steady firms such as Japan's Honda cut thousands of jobs piling on a new round of gloomy news for governments battling recession. People use a Bank of America automatic teller machine in Washington. The US government threw Bank of America a new 20-billion-dollar lifeline as once-rock steady firms such as Japan's Honda cut thousands of jobs piling on a new round of gloomy news for governments battling recession.


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