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View Full Version : AIG sues BofA for $10 billion over "massive fraud" - Reuters



FraudNews
08-08-2011, 01:49 PM
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Reuters (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFH9wrqhRKF80L3GQpIHTqxp1fFZA&url=http://www.reuters.com/article/2011/08/08/us-bankofamerica-aig-lawsuit-idUSTRE7772LN20110808)


AIG sues BofA for $10 billion over "massive fraud" (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFH9wrqhRKF80L3GQpIHTqxp1fFZA&url=http://www.reuters.com/article/2011/08/08/us-bankofamerica-aig-lawsuit-idUSTRE7772LN20110808)
Reuters
N) to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest US bank. AIG, still largely owned by taxpayers after $182.3 billion of government bailouts, is the latest of ...
AIG sues BofA for $10B over 'massive fraud' (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEZYmN7jRBwem8Gxqfowv23eZa2iQ&url=http://www.chicagotribune.com/business/breaking/chi-aig-sues-bofa-for-10b-over-massive-fraud-20110808,0,3404011.story)Chicago Tribune
AIG Plans to Sue Bank of America Over Losses Tied to Mortgage Underwriting (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFhn2yHyZ38nZh-AylVzvtw_2VnAg&url=http://www.bloomberg.com/news/2011-08-08/aig-plans-to-sue-bank-of-america-over-losses-tied-to-mortgage-underwriting.html)Bloomberg

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