Search for: "Countrywide Bank"
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20 Mar 2009, 5:16 am
As a result, today they have balance sheets loaded up with lousy mortgage securities and loans to the like of Citi, WaMU, Countrywide and Wachovia. [read post]
20 Mar 2009, 4:31 am
Dodd, the chairman of the Senate Banking Committee, whose stature in Washington once reflected the state's beneficial ties with the financial industry. [read post]
17 Mar 2009, 4:50 am
Senator on the powerful Senate Banking committee. [read post]
6 Mar 2009, 10:24 am
A compressed portrayal of US failures evident in the current crisis may arise from the following list of representations: (A) firms: Countrywide, Fannie Mae, AIG, Citigroup, Moody's, Lehman Brothers, General Motors; (B) industries: mortgage origination, mortgage finance, insurance, commercial banking, rating agencies, investment banking, automobile manufacturing and finance; (C) regulators: state mortgage, insurance and banking overseers; Federal Housing… [read post]
6 Mar 2009, 7:39 am
HMM: Dodd Undecided About 2010: Dautrich said allegations concerning a 2003 mortgage from now the defunct Countrywide Financial are alienating him from moderate voters. [read post]
5 Mar 2009, 8:47 pm
Raines, Senate Banking Chairman Christopher Dodd and Senator Kent Conrad were among prominent Americans accused of receiving favorable treatment on loans from Countrywide CEO Angelo Mozilo. [read post]
5 Mar 2009, 12:06 pm
The Boilermaker-Blacksmith National Pension Trust is suing a number of investment banks, credit rating agencies, and underwriters, including Wells Fargo, WFASC, Morgan Stanley & Co., Credit Suisse Securities (USA) LLC, Barclays Capital Inc., Bear Stearns & Co., Countrywide Securities Corp., Deutsche Bank Securities Inc., JPMorgan Chase Inc., Bank of America Corp., Citigroup Global Markets Inc., McGraw-Hill Cos., Moody's Investor Services Inc.,… [read post]
4 Mar 2009, 7:03 am
We hate to pick on Bank of America (BAC). [read post]
4 Mar 2009, 5:15 am
He's up for reelection in 2010, and he has seen his poll numbers drop dramatically since a report last year about his alleged special mortgage deal from Countrywide Financial. [read post]
3 Mar 2009, 2:35 pm
Standard & Poor's cut its credit rating on Bank of America to A from A+ on Tuesday afternoon, citing the weak economy and warning that its Merrill Lynch and Countrywide Financial units were likely to continue to weigh on the bank's earnings. [read post]
2 Mar 2009, 7:45 am
This ruling came weeks after Merrill Lynch reportedly settled a related securities fraud class action for $475 million.Similar to the Delaware federal court's ruling in the shareholder derivative action against Countrywide's former directors and officers (see previous discussion here), the Southern District, interpreting Delaware law, held that the shareholder plaintiffs lost standing to pursue a derivative action against Merrill Lynch's directors and officers… [read post]
28 Feb 2009, 3:17 pm
Obama’s first choice as Commerce Secretary, New Mexico Governor Bill Richardson, had to quit to fight grand jury charges of selling favors. . . .And now helping Obama run the economy are two powerful Democratic Congressmen he’s inherited from his party - Charlie Rangel, chairman of the tax-writing House ways and means Committee, who failed to pay taxes on $75,000 in rental income from his luxury Caribbean villa, and Chris Dodd, who as chair of the Senate banking… [read post]
27 Feb 2009, 7:41 am
Complaint courtesy Courthousenews Posted in Company News, Lawsuits Tagged: Bank of America, Countrywide Financial, Lawsuit, Linkedin [read post]
25 Feb 2009, 2:58 pm
Bank of America's chief executive, Kenneth D. [read post]
25 Feb 2009, 8:32 am
Remember the old line, solid mortgage lenders like Countrywide, Chase and Bank of America? [read post]
24 Feb 2009, 7:08 am
On Friday, Senate Banking Committee Chairman Christopher Dodd, D-Conn., mouthed off that the government might have to nationalize some big banks. [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]
21 Feb 2009, 4:59 pm
” Article: Posted in Company News Tagged: Bank of America, Countrywide, mortgage lending [read post]
17 Feb 2009, 2:07 pm
Will Members of Congress, most of whom are personally wealthy give us some of their pay just like they are asking of banking CEOs? [read post]
16 Feb 2009, 11:57 am
Christopher Dodd, chairman of the Senate Banking Committee, who got a sweetheart mortgage from Countrywide and carried water for Fannie Mae like Gunga Din, should be testifying before his own committee in an orange jumpsuit in exchange for early release. [read post]
