BOFAS SETTLEMENT WITH INVESTORS IS LARGEST THAT ANY BANK HAS EVER PAID $8.5 BILLION

June 30, 2011

NEW YORK — Bank of America’s $8.5 billion settlement with investors is the largest that any bank has ever paid. It might help assuage worries about how deep the bank’s mortgage problems might be and how long it might take to settle them.

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BOFAS SETTLEMENT WITH INVESTORS IS LARGEST THAT ANY BANK HAS EVER PAID $8.5 BILLION

June 30, 2011

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