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BofA Urges Judge To Dismiss AIG's $10B RMBS Suit

By Jonathan Randles ( May 14, 2012, 7:04 PM EDT) -- Bank of America Corp. on Monday urged a California federal judge to dismiss American International Group Inc. 's $10. 5 billion lawsuit accusing the bank's Countrywide Financial Corp. of ignoring residential mortgage-backed securities underwriting standards, arguing federal claims against Countrywide are time-barred. . . .

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