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Bank of America agree $16.6bn payout

Bank of America has agreed to pay a settlement of $16.65 billion over its mortgage lending, capping a legal battle that has dogged it since the depths of the financial crisis. http://online.wsj.com/articles/bank-of-america-reaches-16-65-billion-settlement-1408626544?mod=WSJ_hp_LEFTWhatsNewsCollection

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