10Jan/080
Bank of America Is Close to Buying Countrywide
Posted on Jan 10th, 2008 @ 3:47 pm by CY
IMO, this news is really unexpected. CFC is losing money in every quarter and is close to going bankrupt. Out of the blue, Bank of America, the 2nd largest US bank, is buying Countrywide Financial Corp. Congrats to those who bought this just before 2:30 PM. Be sure to take some profits, and just be careful because [...]
Tagged as: bank of america, bankrupt, countrywide, takeover, volatile