This is Bank of America’s $6 billion problem

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This is Bank of America’s $6 billion problem

This is Bank of America’s $6 billion problem
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This is Bank of America’s $6 billion problem

by CNBC: Talking Numbers 2:23 mins

Bank of America reported a loss of 5 cents per share in its first quarter earnings report, as its results were weighed down by $6 billion in litigation expenses. And investors were quick to make a withdrawal, as the stock dropped over 2 percent on the day.

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