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Wednesday, May 6, 2009

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At the heart of B of A's billions

A Standard & Poor's 500 trader

Bank of America reportedly needs $34 billion to survive this economic climate. Where did the bank get this number? Steve Chiotakis talks to analyst Juli Neimann with Smith, Moore and Company.

A trader in the Standard & Poor's 500 stock index futures pit (Scott Olson/Getty Images)

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