Bank of America strikes back;
In the midst of an uproar over the sector's weak small business lending and its own alleged role in the financial crisis, Bank of America today struck back with a report on its role in the economic recovery that includes extending $758 billion in 2009.
Bank of America said today it swung back into profit in the third quarter, following a series of losses, as it sold off non-core assets and built up its balance sheet.