Paul Miller on Bank of America Fraud Lawsuit

Oct. 25 (Bloomberg) -- Paul Miller, an analyst at FBR Capital Markets, talks about a $1 billion fraud lawsuit filed by the U.S. Justice Department against Bank of America Corp. over the sale of residential mortgage loans to Fannie Mae and Freddie Mac that later defaulted. Miller speaks with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)