The Justice Department has reached a $16.65 billion settlement with Bank of America for financial fraud leading up to and during the financial crisis, the largest civil settlement with a single entity in American history, to resolve federal and state claims against Bank of America

Bank of America to pay $18 billion for causing GFC

US Government reaches historic deal with Bank of America over crash


Latest Comment

Join the Discussion
Business101 - Mount Lofty

They are all wealthier and more politically stronger than before. It will happen again and soon. The 1929 depression went for a roller coaster ride for ten years until they brought in laws. There are 140,000 lobbyist in Washington so do you really...


The government payment is designed to help parents equip their children for school.

Want to build wealth? Ultimately it's all down to you

IT IS easy to look at a financial system and ask the government to make it fair.


Latest Comment

Join the Discussion
KPeart - Mountain Creek

In her 1995 Boyer Lecture, Eva Cox raised the spectre of "social Capital" as essential for a healthy society. For many, the arts of competition generate wealth and a secure nest, while others find the slippery slope into poverty. A total focus on...


Special Offers & Promotions

Compare & Save