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The Justice Department has reached a $16.65 billion settlement with Bank of America for financial fraud leading up to and during the financial crisis, the largest civil settlement with a single entity in American history, to resolve federal and state claims against Bank of America
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Bank of America to pay $18 billion for causing GFC

US Government reaches historic deal with Bank of America over crash

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gatto101 - Maroochydore
gatto101

I see non of the papers picked up that Bank of America received 138 Billion in Government Bail out money. If my Government gave me 100 Billion for free i would be more than happy for them to fine me 10 Billion seven years later. Sweet Deal.

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The government payment is designed to help parents equip their children for school.
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Want to build wealth? Ultimately it's all down to you

IT IS easy to look at a financial system and ask the government to make it fair.

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KPeart - Mountain Creek
KPeart

In her 1995 Boyer Lecture, Eva Cox raised the spectre of "social Capital" as essential for a healthy society. For many, the arts of competition generate wealth and a secure nest, while others find the slippery slope into poverty. A total focus on...

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