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After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

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Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money

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FinanceFinancial Crisis

Big banks pony up in wake of the financial crisis

By
Omar Akhtar
Omar Akhtar
and
Anne VanderMey
Anne VanderMey
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By
Omar Akhtar
Omar Akhtar
and
Anne VanderMey
Anne VanderMey
Down Arrow Button Icon
April 11, 2013, 6:40 AM ET
Graphic: Nicolas Rapp
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Since 2010 thousands of lawsuits related to the financial crisis have been brought against the country’s top five banks. So far, the Big Five have settled for a little more than $60 billion. Bank of America (BAC) has paid out more (and been sued more) than anyone else (see “Getting BofA to Grow Again“), with Wells Fargo (WFC) a distant second. The biggest settlements so far: Federal and state regulators behind the historic National Mortgage Settlement received $25 billion; other banks, such as Fannie Mae and Freddie Mac, were awarded $13.3 billion; and investors ended up with an $8.5 billion settlement from BofA in 2011’s BNY Mellon suit.

This story is from the April 29, 2013 issue of Fortune.

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By Omar Akhtar
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By Anne VanderMey
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