Bank of America Fraud Charge Shows Need for Sustainable Banking - U.S. News World Re

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFRwlAlgHg03niDpe2U-0-ji6spoQamp;url=http://www.usnews.com/opinion/blogs/economic-intelligence/2012/10/26/bank-of-america-fraud-charge-shows-need-for-sustainable-bankingimg src=//nt2.ggpht.com/news/tbn/SklUlWi3--2NBM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2U.S. News World Report (blog)/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFRwlAlgHg03niDpe2U-0-ji6spoQamp;url=http://www.usnews.com/opinion/blogs/economic-intelligence/2012/10/26/bank-of-america-fraud-charge-shows-need-for-sustainable-bankingbBank of America bFraud/b Charge Shows Need for Sustainable Banking/b/abr /font size=-1bfont color=#6f6f6fU.S. News World Report (blog)/font/b/fontbr /font size=-1This week, Bank of America was charged with large scale and wide-spread bfraud/b in its mortgage business. Federal prosecutors say that the bank knowingly dismantled safeguards in loan review process and doctored applications so they could write mortgage b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d203CJBYcgbuOTMamp;ned=en_zanobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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