WASHINGTON - Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities.
Graphic killings have yet to sway any country’s policy or public opinion in a meaningful way. The Islamic State’s threat to kill another American journalist held captive, Steven Sotloff, won't deliver the results the organization seeks. Full Article
Bank of America has agreed to pay more than $16.6 billion in penalties and consumer relief, in response to allegations of impropriety in the run-up to the 2008 financial crisis. Holder says the penalty "constitutes the largest civil settlement with a single entitity in history". Rough cut (no reporter narration)