US government lawsuits against Bank of America related to mortgage-backed securities fraud

Wednesday, August 7th 2013 - 16:46 UTC

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US government filed two lawsuits against Bank of America relating to fraud on 850 million dollars of mortgage-backed securities. The Justice Department and the Securities and Exchange Commission filed parallel suits in North Carolina. Read full article

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ChrisR
No, of course it wasn't their fault everybody who invested in banks using these ridiculous 'investments' as the milk cow lost their money.

It was the tooth fairy that took it.
Aug 08th, 2013 - 02:48 pm - Link - Report abuse 0
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Captain Poppy
I took a bath in BoA but Ford bailed me out.
Aug 08th, 2013 - 06:43 pm - Link - Report abuse 0
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