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Out of context: Reply #15578

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  • ukit0

    AIG sues Bank of America for $10 billion

    http://www.theatlanticwire.com/b…

    The suit claims Bank of America "misrepresented the quality of the mortgages placed in securities and sold to investors," according to a Times source. A.I.G. isn't stopping after suing Bank of America either. They're also preparing suits against Goldman Sachs, JPMorgan Chase, and Deutsche Bank as part of a wider "litigation strategy" that hopes to recover billions in loses the now taxpayer-owned company sustained during the recession.

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    • BoA & then Citibank will be going the way of Wachovia very soonTheBlueOne
    • but, but...I like their online banking. :)monkeyshine
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