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Scooped by L. Charles Burch onto MN News Hound |
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CHARLOTTE/WASHINGTON (Reuters) - Bank of America Corp announced more than $14 billion of legal settlements over bad mortgages it sold to investors and flaws in its foreclosure process, taking the bank a step closer to ending the home loan problems that have dogged it for years.
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Right on schedule, the International Monetary Fund's Christine Lagarde has emerged to call for a united, Western effort to salvage the Eurozone and perhaps the euro. Delete the scoop?
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