Choose one of the three components of business ethics $($values$,$ facts, and arguments$)$ for this case and describe it in detail.

Notice that "Bank of America insists there was nothing improper about the processing sequence." If nothing "improper" was done, then that means Bank of America did not break any laws. However, if no laws were broken, then why did Bank of America agree to such a large settlement? Did Bank of America act in an unethical manner even if no laws were broken? Why or why not? Describe what you feel would be a fair settlement.