BofA to writedown $3 billion in debt-related losses - Nov. 13, 2007

BofA to writedown $3 billion in debt-related losses - Nov. 13, 2007: "CHARLOTTE, N.C. (AP) -- Bank of America Corp., the nation's second biggest bank, said Tuesday it will take a $3 billion debt-related writedown in the fourth quarter and warned its losses could grow as the market wrestles with the fallout from the housing and mortgage-lending slump."