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04/30/2024 05:31:55 pm

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toxic financial products

Bank of America agrees to pay record penalties in connection with its role in the 2008 financial crash

Bank of America pays USD$16.65 billion fine for selling toxic financial products

Following the most extensive federal probe into Wall Street misconduct leading to the 2008 financial debacle, Attorney General Eric Holder on Aug. 21, 2014 announced Bank of America has agreed to pay a record USD$16.65 billion fine for selling toxic financial products.

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