Tag Archives: Countrywide

Took ’em Long Enough

The United States Immigrations and Customs Enforcement Agency announced today that they recently completed a 7 day sweep of the nation, on their way arresting 2,901 immigrants who have criminal records in the United States. This sweep, known as Operation Cross Check, … Continue reading

Posted in Cases (Real World), Ethics, Government, Society | Tagged , , , | 6 Comments

BofA Plagued By Portfolio Of Mortgages

Mergers and acquisitions… are they good for the economy? If you look at Bank of America, the acquisition of Countrywide’s portfolio of mortgages will force the trusted lender of many Americans to cut over 30,000 jobs! With the onset of … Continue reading

Posted in Ethics | Tagged , , , | 1 Comment

Bailed out Bank being sued by Bailed out Insurance Company!

It has been reported that AIG sued Bank of America Corp. for $10.5 billion for its massive fraud on mortgage debt. Apparently AIG was cheated by Bank of America who was selling residential mortgaged back securities which were priced way more then they … Continue reading

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