Frontline

Before reading this article, I did not know that the Bank of America had agreed to a $16.65 billion settlement with the Justice Department to resolve allegations of mortgage-related misconduct in the run-up to the 2008 financial crisis. Also, I did not know that Bank of America will pay a record $9.65 billion cash settlement to the federal government and six states, and provide an additional $7 billion in consumer relief for struggling homeowners. Lastly, I did not know that the penalties for Bank of America, the second biggest U.S. bank, have more than matched the size of its profits since 2009. I would like to know more about the crisis-era litigation.