Bank of America

http://www.iht.com/articles/2009/01/15/business/15bank.php

Yikes! Looks like the writing is on the wall...

It would be the second bank after Citigroup to receive an additional
lifeline from the government.

U.S. regulators and executives at Bank of America, which has already
received $25 billion from the Troubled Asset Relief Program, have grown
increasingly concerned at greater-than-expected losses in the fourth quarter at
Merrill, said the person, who spoke on condition of anonymity because he was not
authorized to disclose the information. The move to help shore up Bank of
America comes on the heels of greater U.S. government intervention in Citigroup.
After pumping more than $45 billion in Treasury money onto its balance sheet,
the government has put pressure on the bank to dismantle the troubled empire in
an effort to stem losses and curb capital injections.

While Bank of America was viewed not that long ago as a pillar of
strength in the banking sector, it has seen its stock plummet as investors worry
that it has acquired companies with their own set of
financial baggage.