A code of ethics can help a business determine its priorities and values. It can also help you down the line if one of your employees or vendors drags you into legal trouble.

As a whole the industry, could top the $44 billion in reported third-quarter losses if more banks follow in the footsteps of Bank of America and Citigroup .Citigroup said it will write down up to ...

How Bank of America's Mortgage Write-Down Program Works. ... Bank of America will reduce certain loans by up to 30% in order to lower monthly payments for borrowers facing foreclosure.