BofA has been criticized for its participation in the government’s Troubled Asset Relief Program. The government has invested a total of $45 billion in federal funds into BofA as part of the program, which was designed to thaw the credit markets and boost the economy. Earlier this year, Lewis told investors he hoped to repay the taxpayer aid before he retired. So far, the bank has not repaid the money.

via BofA’s Lewis to retire by year end – Orlando Business Journal:.

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