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BofA Paying $16.65 Billion in Settlement, and More

The Wall Street Journal
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August 21, 2014 AT 11:47 AM
What's News: Bank of America to pay $16.65 billion to settle government accusations it sold flawed mortgage securities. The Obama administrations says it tried to rescue several Americans, including journalist James Foley, in an unsuccessful mission inside Syria. Applications for unemployment benefits fall to 298,000. Lee Hawkins reports. Photo: Getty