Summary
BANK of America yesterday warned that bad debts were soaring as the recession bites deeper into the US economy.
Beleaguered boss Ken Lewis signalled that rising unemployment would force more of his customers into defaulting on their loans.See the full content of this document
Extract
Bad Debts to Soar Higher, Warns Boa [Scot Region Edition 2]
America's biggest bank, which bought ailing Merr...
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