Bank of America (BAC) Fined Another $16 Billion for Fraud

Bank of America (BAC) just agreed to pay another $16 Billion fine for one of its frauds—selling trashy securities to its investors. Another day, another fraud exposed. No surprises there. This is so routine it barely deserves a headline. According to Bloomberg, that raises the total it has agreed to pay for its mortgage lending […] View the full post at: Bank of America (BAC) Fined Another $16 Billion for Fraud Related posts: Bank of America Earns $4.2 Billion in Q1’09 Bank of America Chief Sees the Economy Bottoming Wall Street’s Most Bearish Bank Analyst Thinks BofA Should Keep Lewis