Bank of America Corp. tried to make the best of a bad situation — the need for a $45 billion federal bailout — with some good old-fashioned public relations this week.

Besides trumpeting its repayment of Uncle Sam and exit from the Troubled Asset Relief Program, the company took out a full-page ad in several newspapers to thank the public.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.