bank of america

AIG Suing Bank Of America Over Bad Mortgages

AIG Suing Bank Of America Over Bad Mortgages

In a legal battle that could be dubbed an all-star edition of our Worst Company In America tournament, AIG intends to sue Bank of America to get back $10 billion it lost investing in toxic mortgages made by BofA and two of its most infamous acquisitions, Countrywide and Merrill Lynch. [More]