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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 Countrywide, Immigration, Social Responsibility, United States
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
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
Posted in Blogging
Tagged Bailout, Bank of America, Countrywide, Fraud, insurance, investments, Merril Lynch, mortgages
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