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Is Bank of America Worth $200 Billion?
Written on 12 May, 2011 at 1:30
Bank of America bought Countrywide for $4 billion and change. That sounds funny to me now. You’ve got to admit it. The idea that someone would PAY money for Countywide has to make you giggle at least... (Continue reading)
Tagged with: angelo mozilo bailouts bank of america banking crisis banking lobby banks citibank countrywide double dip economic recovery economy FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP john thain jpmorgan chase ken lewis loan modifications Making Home Affordable Plan mandelman mandelman matters mark to market martin andelman merrill mynch mortgage servicers NACA one west bank recession REST Report TALF TARP Treasury Secretary Tim Geithner trial modifications wall street bankers wall street bonuses Wall Street CEO pay wells fargo bank
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