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[QUOTE]Originally posted by IMAKEMONEY: [QB] Bank Of America President Moynihan Buys 10,000 Shares >BAC Feb 6, 2009 15:20:06 (ET) Bank Of America Corp. (BAC) President of Global Banking and Wealth Management Brian T. Moynihan bought 10,000 shares of company stock on Friday. According to a filing with the Securities and Exchange Commission, Moynihan bought the shares for $6.14 each, giving him direct ownership of 343,607 shares of the Charlotte-based financial-services firm. Moynihan, the replacement for former Merrill Lynch & Co. Chief Executive John Thain, also bought 20,000 shares Thursday and 30,000 shares last month. Director Thomas M. Ryan reported buying 25,000 Bank of America shares on Friday for an average price of $5.62 each. Shares of Bank of America traded late Friday at $6.12, up 26%. -By Yogita Patel, Dow Jones Newswires; 202-862-1343; yogita.patel*dowjones.com (END) Dow Jones Newswires February 06, 2009 15:20 ET (20:20 GMT) [/QB][/QUOTE]
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