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City often uses BofA for private borrowing (San Diego Union-Tribune)The far-reaching financial scandal that dominated this decade in San Diego government left streets in disrepair, political careers in free fall and city retirees insecure about their pensions. To get through it, the city relied heavily on one bank. Bank of America provided two-thirds of $1.5 billion that the city borrowed privately since 2004, and will earn $159 million by the time the last loan ... Click Here to read the entire article... Find this article in Google
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