Magazine

On the Dole


Bank of America, which agreed to buy Merrill Lynch in September, has been a prime beneficiary of the bailout

OCTOBER 2008

BofA gets $15 billion as part of Treasury's Troubled Asset Relief Program

NOVEMBER 2008

An entity sponsored by the Fed buys $3.3 billion in risky securities from Merrill

JANUARY 2009

Treasury antes up $10 billion to BofA, funds originally promised to Merrill in October

JANUARY 2009

BofA gets $20 billion more from TARP, plus $118 billion in asset guarantees

Data: Company filings and BusinessWeek


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