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IPFS News Link • Economy - Economics USA

BofA may walk away from Countrywide deal

5-5-08 • Reuters.com

Friedman analyst Paul Miller, in a note to clients, said Countrywide's loan portfolio has deteriorated so rapidly that it currently has negative equity and the proposed takeover of the company will be a drag on Bank of America's earnings....

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BofA may walk away from Countrywide deal

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