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Paul Sperry Investor’s Business Daily 1/4/2012 Bank of America (BAC) must turn over excess funds from a record $335 million discrimination fine to community organizing groups. Critics say it’s a “political backdoor” to subsidize Democrat-tied Acorn “clones.” The unusual mandate is buried in a Justice Department filing last month detailing settlement terms with the nation’s […] January 5th, 2012 | Tags: Acorn Housing Corp., Bank of America, community organizers, Countrywide Financial Corp., discrimination, Fleet Bank, National Community Reinvestment Coalition, National Urban League, Neighborhood Assistance Corporation of America, subsidies | Category: ACORN, banking regulations, corruption, Department of Justice, Housing and Urban Development | Comments are closed
Her $8.5 billion Bank of America settlement over bad mortgage deals was just the beginning. Now, backed by bond giants Pimco and BlackRock, Texas lawyer Kathy Patrick is gearing up for a new legal assault on the financial industry. Nathan Vardi Forbes 10/17/2011 This article appears in the November 7 edition of Forbes magazine. […] October 18th, 2011 | Tags: Bank of America, BlackRock, Countrywide Financial Corp., foreclosures, Kathy Patrick, mortgages, Pacific Investment Management Co. (PIMCO), Wall Street | Category: Banking and finance, Barack Obama, Goldman Sachs, SEC | Comments are closed
Dan Riehl Riehl World View 7/20/2010 Not only is this at the heart of the current economic problems, the new financial regulation bill does nothing to address the abuses of Fannie Mae and Freddie Mac. Why would it, I believe Rahm Emmanuel did some time there, as well. Say hellp to the corrupt so […] July 20th, 2010 | Tags: 'Restoring American Financial Stability Act', Countrywide Financial Corp. | Category: Banking and finance, Fannie Mae, Freddie Mac | Comments are closed
Committee on Oversight & Government Reform Friday, 23 October 2009 WASHINGTON. D.C. – In December of 2008, House Committee on Oversight and Government Reform Ranking Member Darrell Issa (R-CA) launched an investigation into Countrywide Financial Corporation’s infamous VIP and Friends of Angelo Program that exposed the inner workings of Countrywide’s efforts to buy friends in […] October 25th, 2009 | Tags: Bank of America, Countrywide Financial Corp., Rep. Darrell Issa, Rep. Edolphus Towns, Sen. Christopher Dodd | Category: banking regulations, California, Connecticut, Ethics, Fannie Mae, Freddie Mac, New York | Comments are closed
by Moe Lane Saturday, October 24th 2009 RedState.com Senator Chris Dodd (D, Irish Mansion CT) is having a time of it with this sweetheart Countrywide loans thing. First off, the Senate Ethics investigation somehow managed to avoid going after him for his activities, which meant that Dodd thought that he could start repairing the damage […] October 25th, 2009 | Tags: Countrywide Financial Corp., Sen. Christopher Dodd | Category: Connecticut, Ethics | Comments are closed
Jul 30 03:04 PM US/Eastern By LARRY MARGASAK Associated Press Writer WASHINGTON (AP) – House Democrats have declined to subpoena available records that might reveal whether other members of Congress got discounted VIP mortgages from subprime lender Countrywide Financial Corp. similar to the sweetheart deals given Democratic Sens. Chris Dodd and Kent Conrad. Republicans say […] July 31st, 2009 | Tags: Countrywide Financial Corp., Sen. Christopher Dodd, Sen. Kent Conrad | Category: Connecticut, Ethics, North Dakota | Comments are closed
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