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Bailed Out Banks Still Blowing Millions on Sports Sponsorships
Tax paying sports fans beware... it appears that you may be helping sponsor major teams whether you like them or not! A couple reports out cite how bailed out banks are still spending millions on sponsorships. Moreover, Bank of America is considering a new sponsorship with the Yankees. Read below.
ABC: Bank Of America doled out around $10 million for super bowl festivities...
Despite a near collapse that required $45 billion in federal taxpayer bailout funds, Bank of America sponsored a five day carnival-like affair just outside the Super Bowl stadium this past week as President Obama decried wasteful spending on Wall St.
The event - known as the NFL Experience - was 850,000 square feet of sports games and interactive entertainment attractions for football fans and was blanketed in Bank of America logos and marketing calls to sign up for football-themed banking products.
HuffPost's Ryan Grim: Congressmen want Citibank to nix its Mets sponsorship deal...
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