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	<title>The Swamp Report &#187; Bank of America</title>
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	<link>http://www.swampreport.com</link>
	<description>Political, Economic, and Finance related commentary. J.D. Swampfox Associates report on battles for prosperity against the &#34;Tarleton&#34; of big government.</description>
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		<title>Hank Paulson&#8217;s Prepared Testimony on the Fed&#8217;s Assistance to Bank of America</title>
		<link>http://www.swampreport.com/economy/hank-paulsons-prepared-testimony-for-jun-16th-hearings/</link>
		<comments>http://www.swampreport.com/economy/hank-paulsons-prepared-testimony-for-jun-16th-hearings/#comments</comments>
		<pubDate>Wed, 15 Jul 2009 19:24:17 +0000</pubDate>
		<dc:creator>Minute Man</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[BofA]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[FED]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[Henry Paulson]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=2003</guid>
		<description><![CDATA[Below is a copy of Hank Paulson&#8217;s prepared testimony for tomorrow&#8217;s (June 16th) hearings which will cover the assistance that FED&#8217;s provided to Bank of America (thanks Zero Hedge):]]></description>
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		<title>BofA &amp; Citi can&#8217;t increase capital by converting preferred</title>
		<link>http://www.swampreport.com/investments/bofa-citi-cant-increase-capital-by-converting-preferred/</link>
		<comments>http://www.swampreport.com/investments/bofa-citi-cant-increase-capital-by-converting-preferred/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 00:23:58 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Investments]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Federal Reserve]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1226</guid>
		<description><![CDATA[Mike Shedlock comments on the WSJ&#8217;s reporting that the Fed Pushes Citi, BofA to Increase Capital: The most likely ways for the banks to raise capital are via dilution of Treasury owned preferred stock at taxpayer expense and via the Public Private Investment Plan (PPIP). The latter is a scam to heist taxpayers to the [...]]]></description>
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		<title>SEC probe of Ken Lewis actions?</title>
		<link>http://www.swampreport.com/politics/sec-probe-of-ken-lewis-actions/</link>
		<comments>http://www.swampreport.com/politics/sec-probe-of-ken-lewis-actions/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 10:51:34 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Bureaucrats]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Henry Paulson]]></category>
		<category><![CDATA[Ken Lewis]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=1081</guid>
		<description><![CDATA[Bloomberg reports Bank of America Corp. Chief Executive Officer Kenneth D. Lewis may face scrutiny by the U.S. Securities and Exchange Commission for failing to disclose mounting losses at Merrill Lynch &#38; Co. because of pressure from federal regulators to complete the takeover. Former SEC Chairman Harvey Pitt said he has “no doubt” the agency [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Banks raised expectations for 1st quarter earnings &#8211; now can they deliver?</title>
		<link>http://www.swampreport.com/economy/banks-raised-expectations-for-1st-quarter-earnings-now-can-they-deliver/</link>
		<comments>http://www.swampreport.com/economy/banks-raised-expectations-for-1st-quarter-earnings-now-can-they-deliver/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 03:17:09 +0000</pubDate>
		<dc:creator>J. D. Swampfox</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Investments]]></category>
		<category><![CDATA[bank earnings]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[bank writeoffs]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[JP Morgan Chase]]></category>

		<guid isPermaLink="false">http://www.swampreport.com/?p=590</guid>
		<description><![CDATA[We all recall the recent boasting by Citi, B of A and JP Morgan that earnings in Jan and Feb were positive and the subsequent backpedaling that occurred regarding March.  Euromoney is questioning whether the banks can deliver on these new raised expectations. They document that investment banking fee revenues have supplied some profits, but [...]]]></description>
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