<blockquote>The tentative deal — which people briefed on the matter said would cost Bank of America more than $16 billion to settle investigations into its sale of toxic mortgage securities — started to take shape last week after the Justice Department rejected yet another settlement offer from the bank. Then, a wild card entered the fray.</blockquote>
via <a href="http://dealbook.nytimes.com/2014/08/06/bank-of-america-nears-17-billion-settlement-over-mortgages/?rref=homepage&amp;module=Ribbon&amp;version=context&amp;region=Header&amp;action=click&amp;contentCollection=Home%20Page&amp;pgtype=undefined">Bank of America Offers U.S. Biggest Settlement in History - NYTimes.com</a>.