More TARP Money Demanded: Bank of America's Threat to Drop Merril Deal

CNBC reports:

Bank of America, the largest U.S. bank, is seeking billions of dollars after Merrill's portfolio of loans further deteriorated in the fourth quarter. Bank of America did not take government help to buy former Wall Street brokerage giant Merrill Lynch.

The source said Bank of America has threatened to walk away from the Merrill deal if it did not receive more government aid. Bank of America has already received $25 billion of TARP money.

Is this rent-seeking hall of fame material?