Justice Department Goes After BofA for $13 Billion

Justice Department Goes After BofA for $13 Billion Play

April 25 (Bloomberg) -- U.S. prosecutors are seeking more than $13 billion from Bank of America to resolve federal and state investigations of the lender's sale of bonds backed by home loans in the run-up to the 2008 financial crisis, according to people familiar with the matter. Erik Schatzker reports on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

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