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Rating:Pimco to Advise the Government on BofA Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 02, 2009

Pimco to Advise the Government on BofA

by: Armie Margaret Lee

The U.S. government turned to Pimco to advise it on the value of assets guaranteed in the bailout of Bank of America, Bloomberg reports, citing two anonymous sources.

Pimco's role will be to evaluate BofA's holdings to help determine the bank's losses. 

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