2014 Event Bank of America must pay $1.3 billion in a civil lawsuit over fraud committed by lending unit Countrywide Financial, which operated a scheme nicknamed 'Hustle' that resulted in large numbers of unsubstantiated mortgages during 2007-2008 2013 Event In the U.K., the top 50 payday loan companies were sited for "widespread irresponsible lending"; the Office of Fair Trading gives them 12 weeks to change their practices 2012 Event UBS becomes the second bank after Barclays, to be fined for attempting to manipulate the Libor interbank lending rate; the company is fined $1.5 billion 1968 Event Truth in Lending Act signed into law 1880 Event SF Public Library starts lending books
