Bank of America to Write Down $3B in Debt

November 12, 2007

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Bank of America Corp., thre nation’s second biggest bank, said Tuesday it will take a $3 billion debt-related writedown in the fourth quarter in more fallout from the housing and mortgage-lending slump.

*For more on this story,

read the full Associated Press article.

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Bank of America to Write Down $3B in Debt

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