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Bank of America Corp.

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BAC
bank_of_america.jpg

Bank of America wasn't hit quite as hard by the credit crisis as other financial institutions in 2007. But it did have the misfortune of taking a $2 billion stake in Countrywide, the nation's biggest subprime lender, in August.It also took more than $5.5 billion in writedowns on mortgage-backed securities in the second half of the year.


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