Thread: Crisis may make 1929 look a 'walk in the park'
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Old Jan 12, 2008, 03:13 am   #18 (permalink) (top)
Compugasm
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Quote:
Quote by: rmnunez View Post
So why is Bank of America buying Countrywide?
A bank could offset losses with deposits?

Quote:
For Bank of America, buying Countrywide will gain it a commanding position in mortgages. - Wall Street Journal

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