The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

BofA’s $17B settlement not as large as it appears

WASHINGTON (AP) — Bank of America’s purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years. An expected $17 billion settlement with the Justice Departm ent will increase that toll, but not by a full $17 billion.