Comments on: Bank of America’s big fine http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/ Mon, 23 Mar 2015 20:11:41 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Maestro1 http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-203 Thu, 28 Aug 2014 16:30:51 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-203 It’s not enough of a fine and the Bankers should be jailed. It won’t happen. They own the Government.

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By: timebandit http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-198 Tue, 26 Aug 2014 21:58:57 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-198 Wretched financial institution, Bank of America is and has been for the past several decades. Hopefully, someone is also looking into its other non-Merrill subsidiaries, like U.S. Trust. Way past time BoA was broken into smaller parts. A tiger never changes its stripes and this one brought down a good portion of American homeowners and the economy.

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By: ElizabethM http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-196 Tue, 26 Aug 2014 13:40:46 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-196 We do not have a financial system, we have interlocking criminal conspiracies worthy of RICO prosecution – if white men in suits went to jail.

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By: ArborGal http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-195 Sun, 24 Aug 2014 02:20:18 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-195 They don’t need to worry, they will just write more “bad” home loans for Americans who are unsuspecting…..

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By: hometown http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-194 Sat, 23 Aug 2014 21:17:40 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-194 These fines are about 4-5% of the actual losses from the “mortgage mis-selling” for U.S. citizens, corporations and government portfolios, right? Also, they’re about four years late,(assuming 2 years to aggressively pursue the perpetrators), right? So, can we please get competent DOJ, FDIC, SEC, HUD, FHFA, and “other” administrators soon? We really can’t afford another housing abuse meltdown, or, any other industry meltdown.

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By: JustProduce http://blogs.reuters.com/data-dive/2014/08/22/bank-of-americas-big-fine/comment-page-1/#comment-193 Sat, 23 Aug 2014 21:07:06 +0000 http://blogs.reuters.com/data-dive/?p=1499#comment-193 What an innovative way for the US government to tax these companies without the approval of congress. But as with all else this administration does, the massive consequences are yet to be seen. Next time, healthy banks will not rush to put their balance sheets on the line to acquire floundering institutions that could put our markets at risk.

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