Bank of America Corp. (NYSE:BAC) executives will be breathing a sigh of relief today after a New York Supreme Court Justice refused American International Group Inc. (NYSE:AIG), Seth Klarman's The Baupost Group (AKA Walnut Group) and others have had their petition to have the case against Bank of America turned into a plenary action in order to . The move will save the bank from a much wider and deeper inquiry into its dealings with mortgage binds in the time surrounding the financial crisis.
Currently the inquiry into Bank of America is...
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