Home › Forums › Financial Markets/Economics › Major event – BofA says no legal or moral obligation to contracts
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bsrsharma.
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July 28, 2008 at 8:56 AM #248095July 28, 2008 at 9:51 AM #248369
SD Realtor
ParticipantEqualizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
July 28, 2008 at 9:51 AM #248363SD Realtor
ParticipantEqualizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
July 28, 2008 at 9:51 AM #248140SD Realtor
ParticipantEqualizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
July 28, 2008 at 9:51 AM #248301SD Realtor
ParticipantEqualizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
July 28, 2008 at 9:51 AM #248297SD Realtor
ParticipantEqualizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
July 28, 2008 at 11:27 AM #248342bsrsharma
ParticipantI am sure it did NOT play out like that
I feel it did play out like that.
Read the blow by blow story of the other merger:
http://online.wsj.com/article/SB121184521826521301.html?mod=Leader-UShttp://online.wsj.com/article/SB121193290927324603.html?mod=Leader-US
http://online.wsj.com/article/SB121202057232127889.html?mod=Leader-US
July 28, 2008 at 11:27 AM #248346bsrsharma
ParticipantI am sure it did NOT play out like that
I feel it did play out like that.
Read the blow by blow story of the other merger:
http://online.wsj.com/article/SB121184521826521301.html?mod=Leader-UShttp://online.wsj.com/article/SB121193290927324603.html?mod=Leader-US
http://online.wsj.com/article/SB121202057232127889.html?mod=Leader-US
July 28, 2008 at 11:27 AM #248187bsrsharma
ParticipantI am sure it did NOT play out like that
I feel it did play out like that.
Read the blow by blow story of the other merger:
http://online.wsj.com/article/SB121184521826521301.html?mod=Leader-UShttp://online.wsj.com/article/SB121193290927324603.html?mod=Leader-US
http://online.wsj.com/article/SB121202057232127889.html?mod=Leader-US
July 28, 2008 at 11:27 AM #248407bsrsharma
ParticipantI am sure it did NOT play out like that
I feel it did play out like that.
Read the blow by blow story of the other merger:
http://online.wsj.com/article/SB121184521826521301.html?mod=Leader-UShttp://online.wsj.com/article/SB121193290927324603.html?mod=Leader-US
http://online.wsj.com/article/SB121202057232127889.html?mod=Leader-US
July 28, 2008 at 11:27 AM #248414bsrsharma
ParticipantI am sure it did NOT play out like that
I feel it did play out like that.
Read the blow by blow story of the other merger:
http://online.wsj.com/article/SB121184521826521301.html?mod=Leader-UShttp://online.wsj.com/article/SB121193290927324603.html?mod=Leader-US
http://online.wsj.com/article/SB121202057232127889.html?mod=Leader-US
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