Lawmakers and consumer groups skewered the San Francisco bank, which got a $25-billion infusion from the government, after they heard about the event to fete top mortgage salespeople. Cries for post-bailout accountability resounded at the biggest banks Tuesday as Citigroup Inc. issued a 43-page defense of its lending, a consumer group lashed Bank of America Corp.
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Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing.
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