Seeking Alpha

Bank of America's (BAC +2%) proposed $8.5B settlement with investors in mortgage-backed...

Bank of America's (BAC +2%) proposed $8.5B settlement with investors in mortgage-backed securities should be returned to New York state court for review, a U.S. appeals court rules. The decision is a win for BofA, which seeks approval to settle claims by investors in 530 mortgage securitization trusts with $174B of unpaid principal.
Comments (4)
  • ssmith90
    , contributor
    Comments (45) | Send Message
     
    BAC wins in court? that must be a typo
    27 Feb 2012, 04:03 PM Reply Like
  • gschm319
    , contributor
    Comments (64) | Send Message
     
    OOOOOO YEAAAAHHH... VICTORY!!!!!!!!!!!
    28 Feb 2012, 01:25 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (9156) | Send Message
     
    Not three months ago BAC was clearly doomed (said the shorts).

     

    Irrational negativity really does give one ample opportunity to profit in the market.
    28 Feb 2012, 03:01 AM Reply Like
  • gschm319
    , contributor
    Comments (64) | Send Message
     
    Couldn't have said it better myself DeepValue
    28 Feb 2012, 10:58 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs