Showing Archived Posts

Top Private US Bank Settles Over Sour Investments

Posted June 29th, 2011 at 11:25 am (UTC-5)
Leave a comment

The largest private bank in the United States will reimburse investors billions of dollars for investments that plunged in value when the housing market collapsed. Bank of America announced the $8.5 billion settlement Wednesday, saying the deal would minimize “future economic uncertainty.” A group of 22 investors, including several large financial firms, had been demanding […]

Tags: , Posted in Economy

Calendar

July 2020
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Archives

Categories