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	Forums ›› Main ›› Wall St. News ›› BAC sued for $1B+ for mortgage fraud

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mutluit

Registered: May 2011
Posts: 238

10-24-12 09:24 PM

"US sues B of A for $1B+ for mortgage fraud
US sues Bank of America for $1B+ for mortgage fraud in Countrywide loans

The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion
on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis. [...]"
http://finance.yahoo.com/news/us-su...-171542721.html

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NielsBohredBush

Registered: Jul 2012
Posts: 1

10-24-12 09:28 PM

Ship it.

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mutluit

Registered: May 2011
Posts: 238

10-24-12 09:45 PM

Quote from NielsBohredBush:
Ship it.

ship it? - what on hell do you mean by this? :-)

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murray t turtle

Registered: Dec 2001
Posts: 6272

10-24-12 09:46 PM

Quote from mutluit:

"US sues B of A for $1B+ for mortgage fraud
US sues Bank of America for $1B+ for mortgage fraud in Countrywide loans

The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion
on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis. [...]"
http://finance.yahoo.com/news/us-su...-171542721.html

==============

Mu;
Thats one of the most persistant patterns i have seen in my long life;
Big banks/big bank sector getting sued , losing/lousy customer service. Thay deserve every DOWNTICK they get
================================

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mutluit

Registered: May 2011
Posts: 238

10-24-12 10:13 PM

Quote from murray t turtle:
==============
Mu;
Thats one of the most persistant patterns i have seen in my long life;
Big banks/big bank sector getting sued , losing/lousy customer service. Thay deserve every DOWNTICK they get
================================

Do you think it will affect the BAC share price? What to expect / how to profit best from such information?

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pupu

Registered: Dec 2008
Posts: 497

10-24-12 10:17 PM

Already posted under jokes2 thread in chitchat

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