Missed Super Bowl, Frantic Talks Led to $25 Billion Bank Deal
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Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football.
Bank executives, state officials and U.S. Housing Secretary Shaun Donovan worked frantically over Super Bowl weekend as the New York Giants beat the New England Patriots 21-17, according to three people involved in the discussions. The negotiations ran down to the wire the night before the agreement was announced, they said.