Friday, September 2, 2011

Bank Of America Sued For $31 Billion In Mortgage Losses

Warren Buffett is showing again he is not infallible after all.  The Oracle of Omaha just injected Bank of America with $5 billion last week.  Today, the government just sued BAC for $31 billion in mortgage losses. 

http://www.zerohedge.com/news/two-down-many-more-go

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