The Market Now

Posts tagged: Bank of America


The U.S. courthouse in Manhattan, where justice makes for good theater, just like it did in the Middle Ages.

Photographer: Anthony Behar/Sipa via AP Images

The U.S. courthouse in Manhattan, where justice makes for good theater, just like it did in the Middle Ages.

It’s Hang-the-Pig Time in U.S. Court

Those who have been waiting -- and waiting, and waiting -- for the worst culprits of the the mortgage meltdown to face an accounting are getting treated to a trial. Unfortunately It's a theatrical representation of justice, akin to the...

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There's no bucket in the world big enough to fill the sea of mortgage losses.

Photographer: Alessia Pierdomenico/Bloomberg

There's no bucket in the world big enough to fill the sea of mortgage losses.

Billions of Dollars Paid, Still a Drop in the Mortgage Bust Ocean

Is Bank of America's settlement with Fannie Mae fair? Depends on how you count the cost of the mortgage bust. The press concentrates on liar's loans, subprime teaser rates, and sleazy fees. But the whole is more than the sum...

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