Bank of America buys Countrywide by grzbear ..... Politics Debate Forum
Date: 1/11/2008 10:13:25 AM ( 17 y ago)
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URL: https://www.curezone.org/forums/fm.asp?i=1083371
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Moving towards global government or global ownership?
US banking giant, Bank of America, is to take over the country's biggest mortgage lender, Countrywide Financial, in a $4bn (£2.04bn) deal.
Analysts said the deal was a lifeline for Countrywide, which was rumoured to be close to bankruptcy.
the rest...
http://news.bbc.co.uk/2/hi/business/7183221.stm
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