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Wednesday, January 20, 2010

Bank of America to the Fed---Keep giving us sugar!


The only thing from their earnings release that will get any traction today, is the Cliff Notes version below:

"As we look at 2010, we are encouraged by signs the economy is improving, as we have seen in the stabilization of our credit costs, particularly in the consumer businesses. That said, economic conditions remain fragile and we expect high unemployment levels to continue, creating an ongoing drag on consumer spending and growth."

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