DOJ sues Bank of America

August 8, 2013 - 01:05 PM
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Douglas interview August 7, 2013

This week, the U.S. Justice Department accused Bank of America of civil fraud -- saying the company failed to disclose risks and misled investors when it sold $850 million worth of mortgage bonds in 2008.

Danielle Douglas, financial reporter for The Washington Post, discussed the lawsuit and its implications with Capital Insider.

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