Thread: Crisis may make 1929 look a 'walk in the park'
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Old Jan 13, 2008, 02:09 am   #20 (permalink) (top)
Zeebadee
Volcanic Erupter
 
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Quote:
Quote by: rmnunez View Post
No, but banks would prefer lower risk.

So why is Bank of America buying Countrywide?
One reason only: BofA believes that they can make money from the deal.

"Everybody knows that the boat is leaking
Everybody knows that the captain lied." - Leonard Cohen
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