Bank of America to Pay $17 Billion in Justice Department Settlement

Wall Street Bank pays off various federal and state governments after defrauding countless individuals.
Stock rises 3%
http://j.mp/1ohskqc
Link excerpt:
Bank of America is expected to pay nearly $17 billion to settle U.S. Department of Justice accusations it packaged shoddy mortgages into securities and sold them to investors in the run-up to the financial crisis, according to a person familiar with the negotiations.

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Posted on August 21, 2014, in Uncategorized. Bookmark the permalink. Leave a comment.

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