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Fannie, Freddie win $3.3-billion settlement from BofA, Ally over dud mortgages
Money & CompanyBank of America Corp. and Ally Financial Inc. have agreed to pay a combined $3.3 billion to settle remaining demands that they repurchase soured mortgages from Fannie Mae and Freddie Mac, the giant home-loan buyers that wound up wards of...... -
Bank of America posts net loss of $1 billion
Money & CompanyBank of America Corp. reminded investors this morning how ugly conditions remain in some parts of the U.S. banking industry. The nation???s largest bank reported a third-quarter net loss of $1 billion, mainly because of the continuing travails of U.S........ -
Mutual-fund reform played role in deal
Sun StaffNeither was at the negotiating table, but New York Attorney General Eliot Spitzer and retiring Securities and Exchange Commission Chairman William H. Donaldson played a supporting role in Legg Mason Inc.'s $3.7 billion deal to swap businesses with...Tags: Mutual Funds, Crime, Law and Justice, American Express Company, Legg Mason, Inc., Eliot Spitzer
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Bank of America CEO prefers wife to athetes, coaches
WatchdogKenneth Lewis, the CEO of Bank of America, last week offered a passionate defense of the value of sports marketing, even though his company's mega-millions sponsorship of Yankee Stadium recently fell victim to the financial world's troubles. Lewis' best...Tags: Bank of America Corp., Banking
Jan 3, 2011
| Los Angeles Times
Oct 16, 2009
| Los Angeles Times
Jun 25, 2005
|Story| Baltimore Sun
Mar 16, 2009
|Blog| Newsday
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