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    Money meltdown

    Bank of America To Lay Off Over 30,000

    By Meg Marco, 5:15 PM on Thu Dec 11 2008, 5,420 views

    Bank of America has announced that it will lay off 30,000-35,000 people as a result of its merger with Merrill Lynch and the economic downturn. [MarketWatch] (Thanks, Dariush!)

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