Bank Of America's $17 Bln Settlement

The bank bearing the biggest legal headache soon to put much of that behind it. Bank of America will pay nearly $17 billion to settle charges it had misled investors over mortgage securities it sold in the run-up to the financial crisis. That's by far the largest penalty slapped against the big banks facing mortgage probes.

Topics:  america   countrywide financial   merrill   lynch   bank   mortgage   
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