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8 Aug 2011, 1:49 am by Kevin LaCroix
  The plaintiffs’ claims related to the financial disintegration that Wachovia experience between its 2006 purchase of Golden West Financial Corporation and Wells Fargo’s 2008 acquisition of Wachovia. [read post]
8 Aug 2011, 1:49 am by Kevin LaCroix
  The plaintiffs’ claims related to the financial disintegration that Wachovia experience between its 2006 purchase of Golden West Financial Corporation and Wells Fargo’s 2008 acquisition of Wachovia. [read post]
1 Oct 2012, 1:13 am by Kevin LaCroix
  It is striking what a significant portion of the $7.93 billion total that BofA has had to fund due to its credit crisis era acquisitions of Merrill Lynch and Countrywide. [read post]
13 May 2014, 5:32 am by Jack Pringle
  Each new major data breach (think Target) is reminiscent of those that have come before it (Citibank, Sony, Heartland, Countrywide, etc.). [read post]
13 May 2014, 5:32 am by Jack Pringle
  Each new major data breach (think Target) is reminiscent of those that have come before it (Citibank, Sony, Heartland, Countrywide, etc.). [read post]
13 Mar 2013, 9:08 am by Badrinath Srinivasan
This position has been affirmed by various High Courts in decisions such as GE Countrywide Consumer Financial Services Ltd. v. [read post]
4 Feb 2010, 12:21 am
Countrywide Home Loans Inc.NEW YORK COUNTYBusiness LawEqual Shareholder May Not Maintain Action In Corporation's Name Absent Derivative SuitBinky Inc. v. [read post]
  Three additional financial institutions were added to the SDN list, as well: the Public Joint Stock Company Bank Financial Corporation Otkritie (Otkritie) and 12 of its subsidiaries, including financial services companies in Russia and Cyprus; the Open Joint Stock Company Sovcombank (Sovcombank) and 22 of its subsidiaries in Russia and Cyprus; and the Joint Stock Commercial Bank Novikombank (Novikombank). [read post]
21 Sep 2010, 5:25 am by David G. Badertscher
The case is set for argument at the high court on Nov. 2.41 More Top Legal Execs Join Attack on FASB ProposalCorporate CounselForty-one more corporate legal officers on Monday added their names to a letter objecting to proposed rules requiring more disclosure about their companies' financial loss contingencies. [read post]
16 Sep 2008, 9:25 am
On top of its January 2008 acquisition of Countrywide Financial, the nation's largest mortgage lender, Bank of America can expect a heavy litigation burden, the plaintiffs lawyer said. [read post]
26 May 2014, 9:30 pm by Jonathan C. Lipson
In a world of CEOs like Angelo Mozilo (former CEO of Countrywide Financial) and Lloyd Blankfein (CEO of The Goldman Sachs Group, Inc.), who earned hundreds of millions of dollars through securitization leading up to the crisis, this may seem like a rounding error. [read post]
23 Feb 2009, 12:53 am
  The subprime-related derivative litigation involving Countrywide was also dismissed, following Bank of America’s acquisition of Countrywide, based on the requirement that derivative plaintiffs must demonstrated continuing ownership in order to have standing to assert the derivative claim, as reflected here and here. [read post]
22 Jan 2008, 8:20 am
Proxy access proposals have been filed at lender Countrywide Financial, E*TRADE Financial, JP Morgan Chase, and Bearn Stearns, proponents say. [read post]
5 Jan 2011, 1:17 am by Kevin LaCroix
There were several noteworthy credit crisis related securities class action lawsuit settlements during 2010, including Countrywide ($624 million, refer here), Schwab Yield Plus ($235 million , refer here), and New Century Financial ($124 million, refer here). [read post]
16 Jan 2008, 7:57 am
So far as I can tell, Mankiw has not weighed in on the question whether the president of Countrywide Financial, the poster-child of irresponsible mortgage lending, should receive a $84 million payday (link). [read post]
24 Mar 2008, 1:18 pm
In addition to testimony from some experts on the state of the mortgage crisis and issues with executive pay (which was covered by Nell Minow of The Corporate Library), the hearing featured Angelo Mozilo from Countrywide, E. [read post]
3 Aug 2014, 11:34 am by Law Lady
MACKEY, CYNTHIA RAFTIS, ANASTASIA RAFTIS, SPIRO RAFTIS, GREGORY PILL, RICHARD HOFFMAN, SHARON HOFFMAN, BRUCE PINCHERON, THOMAS FASSO, JR., DANIEL KOHN, BARBARA KOHN, DIANE MALHORTRA, VIKRANT MALHORTA, and MARUICE BASSALI, Respondents. 4th District.Creditors' rights -- Discovery -- Personal financial information of non-party individual who was associated with corporate judgment debtor -- Trial court departed from essential requirements of law in denying non-party's motion… [read post]
11 Aug 2010, 8:02 am by admin
  This is what happens when survivors buy expirers   Much of the gain came from their acquisitions of Countrywide Financial Corp., Washington Mutual Inc. and Wachovia Corp., respectively. [read post]
12 Mar 2009, 3:21 am
  The "Ultimate Solution" to Corporate Financial Misconduct? [read post]