03/05/2009 05:12 am ET | Updated May 25, 2011

Bailed Out Bank of America Spent Close To $10 Million On Super Bowl Parties, Sponsorships: ABC

Despite a near collapse that required $45 billion in federal taxpayer bailout funds, Bank of America sponsored a five day carnival-like affair just outside the Super Bowl stadium this past week as President Obama decried wasteful spending on Wall St.

The event -- known as the NFL Experience -- was 850,000 square feet of sports games and interactive entertainment attractions for football fans and was blanketed in Bank of America logos and marketing calls to sign up for football-themed banking products.