Bank Of America Settles For $315 Million Over Bad Merrill Lynch Investments

Bank Of America Settles For $315 Million Over Bad Merrill Lynch Investments

Another day, another settlement for reigning Worst Company In America runner-up Bank of America. This time, BofA has agreed to pay $315 to plaintiffs in a class-action suit over mortgage-backed investments sold by Merrill Lynch, the once-great financial institution that BofA swooped in to save when it collapsed in 2008. [More]