BofA shares slide as Countrywide hit with (Car accident insurance settlements) lawsuit
| BofA shares slide as Countrywide hit with lawsuit - Boston Globe NEW YORK Bank of America Corp. shares slid on more concerns that its acquisition of mortgage lender Countrywide Financial Corp. could become increasingly costlier because of legal settlements. Shares of America's biggest retail bank fell $2.24, or Source: www.boston.com Global Deal Near in Auction-Rate Probe - Street.Com New York State Attorney General Andrew Cuomo's auction-rate securities investigation may be close to a deal to settle the widening probe. CNBC on Wednesday afternoon reported that Cuomo's office was nearing a "global settlement" with several Source: www.thestreet.com |