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01-19-2008, 11:50 AM #1
AirborneSapper7

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Why Bank Of America Bid for Countrywide

Who Dares Wins â€“ Why Bank Of America Bid for Countrywide

In an apparent effort to save the largest U.S. mortgage lender, Bank of America (BOA) announced it intends to purchase Countywide Financial for $4 billion.

This is in addition to the $2 billion it â€œinvestedâ€
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