07/01/2011 12:58:00 AM EST
Bank Of America's $8.5 Billion Settlement Won't Be Its Last
NEW YORK - (AP) Bank of America's $8.5 billion settlement with investors is the largest any bank has ever paid. It might help assuage worries about how deep the bank's mortgage problems might be and how long it might take to settle them. But for the nation's largest bank and its CEO Brian Moynihan. . . . Full version available to lexis.com subscribers.