Economy

December 8, 2009 4:32 PM

How Bank of America dodged a harsh penalty

Although it's been overshadowed by other market collapses, a 2008 scandal over products called "auction rate securities" ensnared several Wall Street firms and tens of thousands of customers nationwide.

Related content

Comments

Videos

More Videos

Democrats yell "shame" on the floor of the House of Representatives 02:00

Democrats yell "shame" on the floor of the House of Representatives

Trump to Christie: 'You're not eating Oreos anymore' 00:19

Trump to Christie: 'You're not eating Oreos anymore'

Defense bill approved by House is "strong," says Speaker Ryan 01:43

Defense bill approved by House is "strong," says Speaker Ryan

Obama's advice for Rutgers graduates: 'Have faith in democracy' 01:20

Obama's advice for Rutgers graduates: 'Have faith in democracy'

'The dance Force' is strong with the Obamas 00:23

'The dance Force' is strong with the Obamas

Here's how a presidential candidate can qualify for Secret Service protection 01:02

Here's how a presidential candidate can qualify for Secret Service protection

What are ‘bathroom rights’? 01:17

What are ‘bathroom rights’?

HB2: A timeline for North Carolina's newest law 02:57

HB2: A timeline for North Carolina's newest law

Gov. Kasich suspends presidential campaign 01:57

Gov. Kasich suspends presidential campaign

Share Video

Editor's Choice Videos