U.S. Sues Bank Of America For $1 Billion

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U.S. Sues Bank Of America For $1 Billion

The Justice Department has sued Bank of America for allegedly employing a scheme from 2007 to 2009 called “the Hustle,” through which it approved risky loans and sold them to Fannie Mae and Freddie Mac, ultimately costing taxpayers more than $1 billion. What do you think?

  • “Just in time!”

    James Ralbovsky
    Unemployed
  • “That wasn’t the only scam they pulled. They’re also connected to cases involving the Ol’ St. Louie Shuffle, the Mississippi Mad-Man Switch, and the Backdoor Frisco Pot Cleaner.”

    Marc Thayer
    Paleobotanist
  • “I hope they also sue them for being so slow to send out my basketball-themed checks.”

    Elise Carricker
    Veneer Drier