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In AIG/BofA Case, N.Y. Fed Reveals Details of Settlement with Bank

The Federal Reserve Bank of New York this week made public a mortgage-securities settlement with Bank of America that could bolster the BofA's case against American International Group Inc over claims on the assets.

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NEW YORK (Reuters) – The Federal Reserve Bank of New York this week made public a mortgage-securities settlement with Bank of America that could bolster the BofA’s case against American International Group Inc over claims on the assets.

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