UPDATE: Bank of America Fined Another $16 Billion for Fraud

Quicklink Submitted By Scott Baker No comments

Managing Editor

Become a Fan
(79 fans)

Copyrighted Image? DMCA

Bank of America just agreed to pay another $16 Billion fine for one of its frauds--selling trashy securities to its investors. Another day, another fraud exposed. The total thus far, thanks in large part to its Countrywide acquisition, some $74 billion...and counting.

Read the rest of the story HERE:

At neweconomicperspectives.org

1
Rate It | View Ratings

Scott Baker Social Media Pages:

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)