9/2/2009

Bank of America's plan to repay nearly half of the $45 billion it received through the Troubled Asset Relief Program was met with praise by some industry insiders, skepticism by others. Along with repaying about $20 billion in state aid, the bank would no longer be involved with the Treasury's loan-guarantee program. The moves would help the bank get out from underneath the government and its intense scrutiny. However, some analysts expressed doubts that the bank will quickly repay the TARP funds.

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