Bank of America Reaches 17B Mortgage Settlement
Bank of America reaches a record 17 billion settlement to resolve a federal and state inquiry into the sale of mortgage backed securities before the 2008 crisis. The package includes 10 billion in cash and 7 billion in consumer relief, sharing proceeds with states and following similar deals by Citigroup and JPMorgan Chase.
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Senate control may hinge on well funded women contenders
Washington faces a high priced, tight race landscape as female candidates vie to keep or flip Senate seats. Emily’s List and allied committees, including Blue Senate 2014, mobilize donors. Bloomberg has given a total of about 11 million to Emily’s List affiliated super PACs this cycle. The outcome rests on key races in North Carolina New Hampshire Louisiana Georgia with incumbents Hagan Shaheen Landrieu and Nunn under heavy outside spending while women emerge as pivotal swing actors in shaping Obama’s final years.
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Jeanne Shaheen
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Mary Landrieu
Louisiana
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Michelle Nunn
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