Bank of America told federal regulators that it made six trades from 2007 to early 2009 that led to it hiding billions of dollars of debt. Bank of America made the admission in an April letter to the Securities and Exchange Commission. The bank had acknowledged in its last quarterly report that its accounting for the deals, at quarter-ends from 2007 to 2009, was incorrect. The letter has been posted as a regulatory filing.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?
Fortune Magazine and Great Place to Work this week announced the winners of its 2020 Best Companies to Work For list, ranking America’s best workplace environments for large companies. And multiple industry titans in the housing space made the list.