BOA sued by US in mortgage securities Fraud.



US gov't accuses Bank of America of civil fraud in sale of $850M of mortgage bonds in 2008

Published August 06, 2013
Associated Press

WASHINGTON – The U.S. government has accused Bank of America Corp. of civil fraud, saying the company failed to disclose risks and mislead investors in its sale of $850 million of mortgage bonds during 2008.

The Justice Department filed a civil suit against the bank and two of its subsidiaries on Tuesday. The Securities and Exchange Commission filed a related suit against Bank of America.

The authorities say Bank of America lied to investors about the risk of the mortgages underlying the investment.

Read more:
Fox News? Not a legitimate news source. Step off.

Anti Party is not going to be thrilled with you. Do you believe everything Fox News tells you?
how does that make these facts not real?

You tell me sugar tits. You play that game all the time. Your default is always try to defame the source.

I just found it humorous as shit that you used Fox as a source. I guess you are too dense to see the irony.

Hey BOA is in bed with Obama and Buffett is a big investor so all is good puddin pop
You know that mute button in your sig Is NOT a but plug ?

to a tiny butt plug everything looks like an ass.