Latest baseball scores, trades, talk, ideas, opinions, and standings

Archive for the ‘Countrywide’ Category

>Good news: Bank of America says they may be able to pay back their Federal bailout of $45 billion early. That means they could come up with the money this year or early next.

Why did the Feds force onto them any money at all?

One could also argue that Bank of America, having acquired Countrywide and then Merrill Lynch, might have its hands full and might not have minded too too much the additional capital.