Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to General Questions/Other

Bank Of America Severing Some Small-Business Credit Lines

Wednesday, January 4, 2012 - 4:31 PMBank of America - Details
From the Los Angeles Times
Bank of America Corp., under pressure to raise capital and cut risks, is severing lines of credit to some small-business owners who have used them to stay afloat.

4
Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
Rep Points: 123,701
1. Wednesday, January 4, 2012 - 4:49 PM
BofA is a prime candidate for breaking-up a TBTF (Too Big To Fail) bank.
3
ShorebreakShorebreak2,371 posts since
Apr 6, 2010
Rep Points: 12,648
Reply