Comments on: Bank of America to Buy Out Countrywide? http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/ Investing Online Made Easy Fri, 20 Nov 2009 09:55:02 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: katy http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-69207 katy Thu, 18 Sep 2008 07:42:12 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-69207 That is wierd because last year CW borrowed BOA money. That is wierd because last year CW borrowed BOA money.

]]> By: thewild1 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-37693 thewild1 Sat, 12 Jan 2008 20:24:13 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-37693 wow that is crazy.. but it was bound to happen eventually (at least i thought so). bank of American wasn't about to let their money go to waste wow that is crazy.. but it was bound to happen eventually (at least i thought so). bank of American wasn’t about to let their money go to waste

]]> By: EvaluatingStocks.com http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-37506 EvaluatingStocks.com Fri, 11 Jan 2008 12:20:45 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-37506 Looks like it's a done deal as of this morning - BofA will shell out 4 billion for CFC: http://biz.yahoo.com/ap/080111/countrywide.html Looks like it’s a done deal as of this morning – BofA will shell out 4 billion for CFC:

http://biz.yahoo.com/ap/080111/countrywide.html

]]> By: EvaluatingStocks.com http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-37467 EvaluatingStocks.com Fri, 11 Jan 2008 03:56:17 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-37467 Maybe a little of both - I don't think anyone knew when subprime would blow over. But BofA knew they needed to stake some sort of claim at the time to prevent others from stepping in and buying Countrywide. Also, because one of Countrywide's subsidiaries is a thrift bank, BofA may get around the 10% cap the government places on ownership of US deposits. Maybe a little of both – I don’t think anyone knew when subprime would blow over. But BofA knew they needed to stake some sort of claim at the time to prevent others from stepping in and buying Countrywide. Also, because one of Countrywide’s subsidiaries is a thrift bank, BofA may get around the 10% cap the government places on ownership of US deposits.

]]> By: Blain Reinkensmeyer http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-37459 Blain Reinkensmeyer Fri, 11 Jan 2008 02:12:52 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-37459 perhaps a bit of both? perhaps a bit of both?

]]> By: Aaron http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/comment-page-1/#comment-37446 Aaron Fri, 11 Jan 2008 00:25:25 +0000 http://www.stocktradingtogo.com/2008/01/10/bank-of-america-to-buy-out-countrywide/#comment-37446 I also wrote about this rumor on my blog tonight: http://www.growyourfunds.com/2008/01/bank_of_america_to_buy_country_1.html I wonder as some analysts do, is this BofA's way of acknowledging a mistake in its earlier investment timing and doubling down, or just strategy for the future? I also wrote about this rumor on my blog tonight:

http://www.growyourfunds.com/2008/01/bank_of_america_to_buy_country_1.html

I wonder as some analysts do, is this BofA’s way of acknowledging a mistake in its earlier investment timing and doubling down, or just strategy for the future?

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