Summary: of America has $931 billion in loans and leases on its books It has assets of $1 8 trillion making it one of the gigantic firms in the U S Let us look at the year end results of 2008 Take a quick look above Bank of America saw net income drop from nearly $15 billion in 2007 to $4 billion in 2008 What is more important to focus on is the massive loan and lease
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