Remove tag cfos budget allocation
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Transcript: Robert Koenigsberger

Barry Ritholtz

Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. And so I go into ’97, my book, the restructuring book has a $5 million, what do you call it, budget, then they raised it to 10, then they raised it to 30, and then they raised it to 40. KOENIGSBERGER: That’s right.