Daily Archives: October 6, 2008
What Would You Do With $800 Billion?
On the Bailout special this Sunday, I talked about how I’d spend maybe $250 billion on buying out troubled mortgages, but that I’d spend maybe $500 bi…
Countrywide/Bank of America to Settle Largest Predatory Lending Lawsuit in History
Today’s $8.4 billion settlement covers about 400,000 borrowers in 11 states. But Bank of America is hoping that it can reach a settlement with borrowe…