I've written a lot about Bank of America. They really don't have their act together. Of course, they like using the scapegoat that their difficulties stem largely from the acquisition of Countrywide. While that may be a partial problem, I think the root cause is BOA not having their act together.
Today, it was announced that BOA will pay out over $8 Billion to mortgage investors that were defrauded... or misled... or whatever term they wish to use.
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