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Top Private US Bank Settles Over Sour Investments

Posted June 29th, 2011 at 11:25 am (UTC-5)
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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 […]

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