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Thursday, October 02, 2014, 11:57 a.m.

Bank settles securities suit for $16.65 billion

WASHINGTON -- The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.

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  • Headline: Bank settles securities suit for $16.65 billion
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