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GLOBALIST BANKSTER WATCH – BANK OF AMERICA AGREES TO $17BN FINE OVER MORTGAGE FRAUD

SOURCE: RT America’s second largest lender has reached a $17 billion settlement with US federal authorities over selling bad mortgages, according to sources close to the negotiations. The bank will pay out $10 billion in cash and $7 billion for consumer relief – such as modified home loans and refinanced mortgages, AP reports, citing officials close

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Bankster Fraud – Bank Of America Accused Of Paying Bonuses For Foreclosing On Homes

Former employees of Bank of America submitted sworn affidavits to a civil lawsuit claiming that the financial institution purposely stalled, delayed or denied home loan modifications. They also claimed that the bank enforced foreclosure quotas and gave bonuses to those with the highest foreclosure rate. So will Bank of America pay for these alleged practices?

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Housing Bubble Bust In America, Bank of America to pay $10 billion for foreclosure crisis ……

Since the housing bubble bust in America, millions of homeowners lost their homes to foreclosure. Bank of America was one of the financial institutions held partially responsible for the crisis, but now the bank is expected to pay more than $10 billion to Fannie Mae for mortgages gone bad. Anthony Randazzo, director of economic research

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Video: Bank of America Debit Fee Angers Some Customers

38.7 million people who carry Bank of America debit cards will soon face a $5 fee for swiping their debit cards. The charge is pushing some bank customers to consider switching banks.

Bank of America to pay fired whistleblower $930,000

Bank of America to pay fired whistleblower $930,000 REUTERS Reuters US Online Report Domestic News Sep 14, 2011 18:04 EDT WASHINGTON (Reuters) – Bank of America Corp must reinstate a Countrywide whistle-blower fired shortly after the two companies merged in 2008 and pay the employee $930,000, the Labor Department said on Wednesday. The employee, whose

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Video Alert: Bank of America to Cut 30,000 Jobs

Bank of America plans 30,000 job cuts in next few years to cut $5B per year in expenses. (Sept. 12)