Saturday, October 20, 2012

BofA ISSUES A BAD, BAD LOAN


Obama Campaign Borrows $15M From Bank Of America

Oct 20, 2012 01:14 pm

Obama For America took out a $15 million loan from Bank of America last month, according to the campaign’s October monthly FEC report. The loan was incurred on September 4 and is due November 14, eight days after the election. OFA received an interest rate of 2.5% plus the current Libor rate. Warren Buffett, Obama donor [...]

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