11/17/2010

Brian Moynihan, CEO at Bank of America, said the bank will take several more quarters to resolve demands from investors for refunds related to troubled mortgages. "It's a day-to-day, hand-to-hand combat," Moynihan told attendees at an investor conference. "It's manageable in the context of who we are, but we're not going to spend your money unwisely."

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