Since the onset of the financial crisis, Bank of America (NYSE:BAC) has spent more than any other bank (perhaps more than any other single company over a similar time span) on legal expenses and settlement costs.
At last count, CEO Brian Moynihan pegged the figure at $42 billion -- though, this almost certainly understates the financial and reputational damage done to the Charlotte-based bank. With this in mind, the following presentation lays out the bank's 10 biggest legal blunders since 2008, including deals with Goldman Sachs (NYSE:GS), MBIA (NYSE:MBI), and both Fannie Mae and Freddie Mac.
