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Re: Bank Of America Settlement

By: wilful in FFFT | Recommend this post (0)
Sat, 01 Feb 14 2:10 AM | 47 view(s)
Boardmark this board | Food For Further Thought
Msg. 60693 of 65535
(This msg. is a reply to 60686 by killthecat)

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"Is it simply a money transfer among scumbags?"

Much of it will go there.




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The above is a reply to the following message:
Bank Of America Settlement
By: killthecat
in FFFT
Sat, 01 Feb 14 12:30 AM
Msg. 60686 of 65535

A New York State judge on Friday approved an $8.5 billion agreement by Bank of America to settle most of the claims by nearly two dozen mortgage securities investors.

I wonder who will get the money. Is it simply a money transfer among scumbags?


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