U.S. Sues Bank Of America For $1 Billion
The Justice Department has sued Bank of America for allegedly employing a scheme from 2007 to 2009 called the Hustle, through which it approved risky loans and sold them to Fannie Mae and Freddie Mac, ultimately costing taxpayers more than $1 billion. What do you think?
Marc Thayer
That wasn't the only scam they pulled. They're also connected to cases involving the Ol' St. Louie Shuffle, the Mississippi Mad-Man Switch, and the Backdoor Frisco Pot Cleaner.
Paleobotanist