Skip navigation.
Sat Feb 6 03:17:15 2010 [Write for us] | [Login/Register]
Home

Bank of America Corp.

BAC

Bank of America wasn't hit quite as hard by the credit crisis as other financial institutions in 2007. But it did have the misfortune of taking a $2 billion stake in Countrywide, the nation's biggest subprime lender, in August.It also took more than $5.5 billion in writedowns on mortgage-backed securities in the second half of the year.


$0.00 USD

Recent comments

The Money Times on Facebook

User login