Bank of America to Buy Countrywide for $4billion

[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.

[kev374]

What happens to Countrywide bank, are they are separate entity? I’m sure this banks’ balance sheet is dismal as well. Any chances they will go under?

[kev374]

What happens to Countrywide bank, are they are separate entity? I’m sure this banks’ balance sheet is dismal as well. Any chances they will go under?

[kev374]

What happens to Countrywide bank, are they are separate entity? I’m sure this banks’ balance sheet is dismal as well. Any chances they will go under?

[kev374]

What happens to Countrywide bank, are they are separate entity? I’m sure this banks’ balance sheet is dismal as well. Any chances they will go under?

[kev374]

What happens to Countrywide bank, are they are separate entity? I’m sure this banks’ balance sheet is dismal as well. Any chances they will go under?

[drunkle]

here’s one opinion of boa’s gains:

http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?postversion=2008011114

spend a dollar to make 50 cents? or tax breaks plus whatever earnings cw provides > cost?

[drunkle]

here’s one opinion of boa’s gains:

http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?postversion=2008011114

spend a dollar to make 50 cents? or tax breaks plus whatever earnings cw provides > cost?

[drunkle]

here’s one opinion of boa’s gains:

http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?postversion=2008011114

spend a dollar to make 50 cents? or tax breaks plus whatever earnings cw provides > cost?

[drunkle]

here’s one opinion of boa’s gains:

http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?postversion=2008011114

spend a dollar to make 50 cents? or tax breaks plus whatever earnings cw provides > cost?

[drunkle]

here’s one opinion of boa’s gains:

http://money.cnn.com/2008/01/11/news/companies/sloan_countrywide.fortune/index.htm?postversion=2008011114

spend a dollar to make 50 cents? or tax breaks plus whatever earnings cw provides > cost?

[Coronita]

Drunkle,

That's exactly what I'm expecting. The Fed is using BofA as a proxy to achieve a bailout. BofA gets benefits and gets to grow..Though the appearance to the regular Joe is we have a corporate bailout by another company, not by the U.S. gov.

Perception is reality. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Drunkle,

That's exactly what I'm expecting. The Fed is using BofA as a proxy to achieve a bailout. BofA gets benefits and gets to grow..Though the appearance to the regular Joe is we have a corporate bailout by another company, not by the U.S. gov.

Perception is reality. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Drunkle,

That's exactly what I'm expecting. The Fed is using BofA as a proxy to achieve a bailout. BofA gets benefits and gets to grow..Though the appearance to the regular Joe is we have a corporate bailout by another company, not by the U.S. gov.

Perception is reality. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

Drunkle,

That's exactly what I'm expecting. The Fed is using BofA as a proxy to achieve a bailout. BofA gets benefits and gets to grow..Though the appearance to the regular Joe is we have a corporate bailout by another company, not by the U.S. gov.

Perception is reality. 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Author]

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