Bank of America (BAC), DOJ Settlement Talks Have Stalled: Report

The New York Times reports that talks between Bank of America (BAC) and the U.S. Justice Department have stalled after the bank’s latest offer — more than $12 billion to settle several federal and state civil investigations for its role in defrauding MBS buyers by misleading them about the ratings of the loans involved — […]


View the full post at: Bank of America (BAC), DOJ Settlement Talks Have Stalled: Report


Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

Editor's Picks