ACC Archives

Tag: Bank of America
Bank of America’s Winning Excuse: We Didn’t Mean To

I remember those days so well. They are burned into my memory. I remember Bank of America taking over Countrywide just as anyone who was paying attention could see that the country and the world was in for a calamitous...

Yet Another Back Door Bailout for One of the Big Banks

The New York Fed just absolved Bank of America of potentially billions in claims stemming from mortgage fraud during the housing bubble for the paltry amount (for B of A) of $43 million. Scott free for pennies on the dollar. One is either in the club...

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