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

American VoicesOpinion ISSUE 48•43 Oct 25, 2012

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