Is It Finally Over for BofA? Pays $16.65B to U.S.

Is It Finally Over for BofA? Pays $16.65B to U.S. Play

Aug. 21 (Bloomberg) -- Bank of America Corp. will pay $16.65 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis, the Justice Department said. Kasowitz, Benson, Torres & Friedman LLP’s Michael Bowe and Bloomberg’s Keri Geiger speak on “Market Makers.” (Source: Bloomberg)

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