Bank of America to Buy Countrywide for $4billion

[Fearful]

Carrot: The Fed can offer to take questionable collateral for loans to BofA.

Stick: The Fed can say they will scrutinize BofA more closely before new loans.

The Fed has BofA’s nuts firmly in their grip. Not that they can actually twist hard, but they can squeeze, or they can relax. Either way is worth some serious cash to BofA.

[cr]

Mozillo must have some major dirt on B of A. I still say once the rest of the housing crash plays out they will regret this big time. That billion $ cash infusion a few months ago didn’t work, why would this?

[cr]

Mozillo must have some major dirt on B of A. I still say once the rest of the housing crash plays out they will regret this big time. That billion $ cash infusion a few months ago didn’t work, why would this?

[cr]

Mozillo must have some major dirt on B of A. I still say once the rest of the housing crash plays out they will regret this big time. That billion $ cash infusion a few months ago didn’t work, why would this?

[cr]

Mozillo must have some major dirt on B of A. I still say once the rest of the housing crash plays out they will regret this big time. That billion $ cash infusion a few months ago didn’t work, why would this?

[cr]

Mozillo must have some major dirt on B of A. I still say once the rest of the housing crash plays out they will regret this big time. That billion $ cash infusion a few months ago didn’t work, why would this?

[Doofrat]

Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn’t be a bad thing would it? Who else would these people learn from here in the States? 🙂

That’s hilarious FLU!

[Doofrat]

Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn’t be a bad thing would it? Who else would these people learn from here in the States? 🙂

That’s hilarious FLU!

[Doofrat]

Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn’t be a bad thing would it? Who else would these people learn from here in the States? 🙂

That’s hilarious FLU!

[Doofrat]

Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn’t be a bad thing would it? Who else would these people learn from here in the States? 🙂

That’s hilarious FLU!

[Doofrat]

Hmmm, Indian call center workers teaching some Americans basic math skills for free…That wouldn’t be a bad thing would it? Who else would these people learn from here in the States? 🙂

That’s hilarious FLU!

[kewp]

I think the big carrot is that gubbmint is going to be more likely to green-light further acquisitions by BOA if they do a good job cleaning up CW.

In a few years, “Bank of America” may be a literal description.

[kewp]

I think the big carrot is that gubbmint is going to be more likely to green-light further acquisitions by BOA if they do a good job cleaning up CW.

In a few years, “Bank of America” may be a literal description.

[kewp]

I think the big carrot is that gubbmint is going to be more likely to green-light further acquisitions by BOA if they do a good job cleaning up CW.

In a few years, “Bank of America” may be a literal description.

[kewp]

I think the big carrot is that gubbmint is going to be more likely to green-light further acquisitions by BOA if they do a good job cleaning up CW.

In a few years, “Bank of America” may be a literal description.

[Author]

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