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More on Fed loans: Banks took massive loans while reassuring investors they were fine. On...

Nov. 28, 2011 3:16 AM ETBank of America Corporation (BAC) StockBACBy: Yigal Grayeff, SA News Editor4 Comments
More on Fed loans: Banks took massive loans while reassuring investors they were fine. On November 26, 2008, then BofA (NYSE:BAC) CEO Kenneth Lewis wrote that he headed "one of the strongest and most stable major banks in the world." He didn't say that BofA owed the Fed $86B that day.

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