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#1
01-11-2008, 12:42 PM
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Super Moderator
Join Date: Oct 2007
Posts: 621
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Bank Of America Aquires Country Wide
Saw and heard this on the news quite a bit lately. Normally I wouldnt post something like this...but i had too. Its actually quite humerous that both banks are owned by the same two Princes of Saudi Arabia. Im fairly certain that if it was Bank of America that was going under, Country Wide would be aquiring them. Just a thought.
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#2
01-19-2008, 05:53 PM
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Join Date: Jan 2008
Location: Philly Burbs, PA
Posts: 82
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Seeing some speculation the deal may not go forward, certainly the stock price is indicative of some doubt. I imagine they would be an ongoing concern risk at that point.
I also think the Mozilo retirement package is downright immoral. 115 million for a guy who should get horsewhipped is disgusting. Just my opinion of course. 
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