America’s second largest lender has reached a $16.65 billion settlement with US federal authorities for selling toxic mortgages misleading investors, the Justice Department said Thursday.
“This historic resolution – the largest such settlement on record – goes far beyond ‘the cost of doing business,’” Attorney General Eric Holder said in a statement posted on the US Justice Department website on Thursday. Continue reading “Bank of America agrees to record $17bn settlement over mortgage fraud”

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Mail.com
Mail.com
United Liberty – by Jason Pye
RT
Orlando Sentinel
In a second grade class the teacher was telling the students that only humans could stutter and that animals couldn’t . A little girl raised her hand and waived it vigorously to get the teachers attention. The teacher stopped and asked the girl what she wanted. The little girl got up and said “I had a kitty that used to stutter”. The teacher knowing that story’s from children can sometimes be very cute said” well then why don’t you tell us the story”.
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Gun Wars – by Sarah Ferris
Voice of America
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NBC Los Angeles – by Jason Kandel