Bailed Out Bank of America Sponsors Super Bowl Fun Fest

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Morgan Stanley would not say what the elegant gathering cost, but said it is an annual tradition and that its clients paid their own travel costs and got a discounted room rate of $400 a night.

Congressman Cummings said that doesn't justify hosting such a lavish event when people on Main St. are struggling to make ends meet.

"For most people on my block, that would be half of a mortgage payment, a monthly mortgage payment," he said.

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