Topic: Portales Partners LLC

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  • Bank of America: Fireproof it with 'asbestos deal'?

    Bank of America: Fireproof it with 'asbestos deal'?

    Bank of America's woes are so large that it could take a page from the asbestos settlements trusts of more than a decade ago. Bank of America faces a raft of lawsuits claiming it knowingly sold them securities backed by shoddy home loans.