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AIG argues against $8.5 billion settlement with BofA

NEW YORK (Reuters) - American International Group Inc <AIG.N> argued on Tuesday that a proposed $8.5 billion settlement between Bank of America Corp <BAC.N> and investors in Countrywide Financial Corp mortgage-backed securities was not big enough.Full story

Ex-Countrywide executive added as defendant in BofA fraud lawsuit

NEW YORK (Reuters) - The Justice Department has added a former top executive at Countrywide Financial Corp as a defendant in a lawsuit accusing Bank of America Corp of causing taxpayers $1 billion in losses to Fannie Mae and Freddie Mac. Full story

Moynihan: Number 1 Thing, 'Get People Back to Work'

  Bank of America CEO Brian Moynihan answers questions about what his company is doing to develop a new countrywide housing policy and whether there really is a problem with the availability of credit.

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  Countrywide Issued VIP Loans to Influence Congress: Repor...

A new report from Congress says in the years leading up to the housing bust, Countrywide made sweetheart mortgage deals to current and former lawmakers. Katherine Mangu-Ward, Reason Magazine managing editor, weighs in.

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An activist of the Bangladesh Nationalist Party throws a piece of brick at a van during a strike in Dhaka

An activist of the Bangladesh Nationalist Party throws a piece of brick at a van during a strike in Dhaka April 23, 2013. The Bangladesh Nationalist Party led 18-party alliance called for a 36-hour countrywide shutdown from Tuesday to protest a Dhaka court's decision to deny bail to seven of their

Police detain a Bangladesh Nationalist Party activist during a strike in Dhaka
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Police detain a Bangladesh Nationalist Party activist during a strike in Dhaka April 23, 2013. The Bangladesh Nationalist Party led 18-party alliance called for a 36-hour countrywide shutdown from Tuesday to protest a Dhaka court's decision to deny bail to seven of their top leaders in different c

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Firefighters try to control a fire after pro-strike activists set fire to the bus in Dhaka

Firefighters try to control a fire after pro-strike activists set fire to the bus in Dhaka April 22, 2013. The Bangladesh Nationalist Party led 18-party alliance called for a 36-hour countrywide shutdown from Tuesday to protest against a Dhaka court's decision to deny bail to seven of their top lea

People gather in front of a burnt bus after pro-strike activists set fire to it, in Dhaka
People gather in front of a burnt bus after pro-strike activists set fire to it, in Dhaka

People gather in front of a burnt bus after pro-strike activists set fire to it, in Dhaka April 22, 2013. The Bangladesh Nationalist Party led 18-party alliance called for a 36-hour countrywide shutdown from Tuesday to protest against a Dhaka court's decision to deny bail to seven of their top lead