Ely Says BofA Still `Well Capitalized' After TARP Repay: Video

-- Bert Ely, chief executive officer of Bert Ely & Co. talks with Bloomberg's Pimm Fox about Bank of America Corp's plan to repay all of its $45 billion of government bailout funds. The lender plans to repay the Troubled Asset Relief Program using $26.2 billion of "excess liquidity" and $18.8 billion through securities sales, according to a statement today from the company. (Source: Bloomberg) ... Ely Says BofA Still `Well Capitalized' After TARP Repay: Video Audio Visual Banking Bloomberg ...
Author: Bloomberg; Tags: Ely Says BofA Still `Well Capitalized' After TARP Repay: Video Audio Visual Banking Bloomberg Corporate Governance Credit Crunch Crisis English Multimedia Financial Services Government News Multimedia-Market Experts North Carolina Securities Firms Syndicated AV Reports Television Treasury Dept

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