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Bank Of America To Eliminate 7,500 Jobs

Posted at 7:18 AM, Jul. 9, 2008

In case you haven't been following the news, Bank of America is buying out Countrywide as of Tuesday.  With this acquistion, a total of 7,500 jobs will be eliminated. 

How does this benefit anyone?  Well, becuase of this buyout, Countrywide is offering a non-repayable gift of $1,500 in Cook County for low to moderate income buyers.  Look for the Countrywide Bank Express Grant.

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