Posts tagged as:

bank of america

Sub-Prime Problems Go Countrywide

May 21, 2008

New York Times: Judge Says Countrywide Officers Must Face Suit by Shareholders. Directors and officers of Countrywide Financial, the beleaguered mortgage lender, must answer shareholder accusations of insider trading and an overall failure to monitor lending practices that led to the company’s collapse, a federal judge in California has ruled.
I’ve added Countrywide Financial Corp. [...]

Read the full article →