The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discuss the top business and investing stories.
In this segment, Bank of America (NYSE: BAC ) has agreed to spend more than $10 billion to settle mortgage claims from the housing meltdown crisis. The guys discuss where this money is going, and why this deal lets Bank of America put some major investor concerns behind it.
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