Double fisted – banks, like Bank of America, purchase of Countrywide, what? at 22 cents on the dollar? And so, when ARE they (BofA) going to approach holders of Countrywide mortgages and ADJUST their mortgages to 22 cents on the dollar?
OR is Bank of America going to continue their shoddy double-digit accounting? Doesn’t anybody out there get it? This is an ENRON folks.
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Tags: Bank of America