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A $1.7B MBIA finale

Bank of America may finally be ready to wake up from former CEO Ken Lewis’ nightmare acquisition of Countrywide Financial.
The bank’s $1.7 billion settlement yesterday with bond insurer MBIA likely erases much of the risk of being held accountable for losses due to Countrywide’s actions, sources… …read more
Source: NY Post

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Posted by on May 7, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.