At first glance, the numbers look impressive. Bank of America last week agreed to pay $11.6 billion for selling the government toxic mortgages; 10 banks ponied up $8.5 billion to federal regulators for foreclosure abuses. But viewed against the scale of the financial meltdown, the feds' most recent deals with financial-industry giants look to some more like a slap on the wrist.
Font Size: 
Mere Billions
The National Law Journal
January 14, 2013
This article requires premium access
This article requires premium access to Connecticut Law Tribune. Please sign in or subscribe to read the full text.
