BofA posts $8.8 billion net loss, worst ever
Pedestrians walk past a Bank of America sign on a building in Times Square in New York March 8, 2011.
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp reported the biggest quarterly loss in its history, $8.8 billion, after more than $20 billion of charges linked to mortgages.
Credit:
Reuters/Lucas Jackson
Joe Rauch
CHARLOTTE, North Carolina
Tue Jul 19, 2011 8:30am EDT
link-
http://www.reuters.com/article/2011/07/19/us-bankofamerica-idUSTRE76I0K620110719