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Fed says: Bank of America would be OK if the economy tanked

Justice League

If the U.S. economy plunged into another bad recession, Bank of America would be OK. So say the experts at the Federal Reserve in Washington.

Charlotte-based Bank of America Corp. (NYSE:BAC) passed its so-called stress test for 2015, according to results of the latest Dodd-Frank Act Stress Tests, released at 4:30 p.m. on Thursday by the Federal Reserve.

Read on.

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