BofA loses $5.2B in 4Q as it repays bailout

Bank of America sign is shown at a branch at the Bank of America Center in San Francisco (AP Photo/Eric Risberg)

January 20, 2010 4:35:05 AM PST
Bank of America Corp. says it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments.