"Bank of America received US $20 billion in federal bailout from the US government through the TARP program on 16 January 2009 and also got guarantee of US $118 billion in potential losses at the company.[25] This was in addition to the $25 billion given to them in the Fall of 2008 through TARP." "According to a March 15, 2009 article in The New York Times, Bank of America received an additional $5.2 billion in government bailout money which was channeled through American International Group. [28]" from Wikipedia, the free encyclopedia