Detroit Cancels Swaps Forbearance Dea...

Detroit Cancels Swaps Forbearance Deal With BofA, UBS

There are 2 comments on the Bloomberg story from Feb 7, 2014, titled Detroit Cancels Swaps Forbearance Deal With BofA, UBS. In it, Bloomberg reports that:

Detroit won't take legal action for now against Bank of America Corp . and UBS AG over a costly swaps deal, even after canceling a forbearance agreement it reached with the banks in July.

Join the discussion below, or Read more at Bloomberg.

the white light

United States

#1 Feb 10, 2014
Bank of America received tips on on going investigations while Ex director Robert Mueller was director. Ronald Mueller attorney for BOA. They have managed yo avoid criminal charges by so called self reporting and covering up scandals. It is called obstructipm of justice.

Since: Nov 12

Philippines

#2 Feb 11, 2014
nice thread. thanks for sharing that information. it was very informative.
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