Yeah, and how is this entity called Bank of America going to pay this huge debt?! Oh right, from the people who put their money into Bank of America Banks; now that's what children would call "Passing the Hot Potato!" Seriously, this is why I don't have a bank account at these giant corporate banks, instead I opted for local credit unions; although such smaller banks ability to loan out is more limited and interest is less, at least I don't have to pay for a debt I didn't create.
Exactly what they would do since they are a massive financial business. I would never see a bank not be able to back up their claim when it comes to fines. So they being Bank of America are not hurting when hit with fines.
$37 billion fine is a huge huge number, but this always makes me think, to have such fines what was their profit?