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Bank of America Profit Slides 43% After Mortgage Settlement

Bank of America saw its profit decline in the second quarter because of unprecedented legal expenses. Earnings declined 43% from a year earlier to $0.19 cents a share. If the litigation costs were stripped out, earnings would have come in at $0.41 a

http://www.wgrz.com/video/3677555457001/1/Bank-of-America-Profit-Slides-43-After-Mortgage-Settlement http://cdn.newslook.com/1a/1a209ea68254fd405f572e34e4b6ce97/images/frame_ext.jpg Bank of America Profit Slides 43% After Mortgage Settlement Bank of America saw its profit decline in the second quarter because of unprecedented legal expenses. Earnings declined 43% from a year earlier to $0.19 cents a share. If the litigation costs were stripped out, earnings would have come in at $0.41 a theStreet.comTSCMNew YorkincFinanceamericayoutubeYahoo!newslook 01:04

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