REAL WORLD EVENT DISCUSSIONS

Bank of Amerika 'repaid' US Govt 1-cent on the dollar (not Wikileaks?)

POSTED BY: PIRATENEWS
UPDATED: Wednesday, January 5, 2011 19:57
SHORT URL:
VIEWED: 1014
PAGE 1 of 1

Tuesday, January 4, 2011 6:18 PM

PIRATENEWS

John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!


Bank of America settled numerous claims with Fannie Mae for an astonishingly cheap rate, according to a Bloomberg report.

A premium of $1.28 billion was paid to Freddie Mac to resolve $1 billion in claims currently outstanding. But the kicker is that the deal also covers potential future claims on $127 billion in loans sold by Countrywide through 2008. That amounts to 1 cent on the dollar to Freddie Mac.

Imagine if you had a $500,000 mortgage, and you got to settle it for $5,000 — that is the deal B of A appears to have gottem from Freddie Mac.

http://www.ritholtz.com/blog/2011/01/bofa-putbacks-freddie-mac/

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Tuesday, January 4, 2011 11:16 PM

DREAMTROVE


you're not wrong

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Wednesday, January 5, 2011 1:33 AM

CANTTAKESKY


That's disgusting.

Can't Take (my gorram) Sky
------
Everything I say is just my opinion, not fact.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Wednesday, January 5, 2011 9:09 AM

KANEMAN


Quote:
Originally posted by canttakesky:
That's disgusting.

Can't Take (my gorram) Sky
------
Everything I say is just my opinion, not fact.



Not if you are a shareholder.....

NOTIFY: N   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

Wednesday, January 5, 2011 7:57 PM

DREAMTROVE


Kane,

It is if you're a shareholder of the USA.

NOTIFY: Y   |  REPLY  |  REPLY WITH QUOTE  |  TOP  |  HOME  

YOUR OPTIONS

NEW POSTS TODAY

USERPOST DATE

OTHER TOPICS

DISCUSSIONS
Do you feel like the winds of change are blowing today too?
Mon, June 15, 2026 17:49 - 4654 posts
In the garden, and RAIN!!! (2)
Mon, June 15, 2026 17:44 - 7479 posts
Robert Reich is a faggot
Mon, June 15, 2026 17:34 - 7 posts
Russia Invades Ukraine. Again
Mon, June 15, 2026 17:17 - 10436 posts
Khamenei, One of Most Evil People in History, is Dead
Mon, June 15, 2026 16:12 - 481 posts
More lies :)
Mon, June 15, 2026 16:07 - 60 posts
TRUMP AND HIS NAZI SUPPORTERS
Mon, June 15, 2026 16:04 - 595 posts
MAGA losers
Mon, June 15, 2026 16:00 - 279 posts
MSNOW: The DNC achieved the worst of all worlds with its 2024 autopsy
Mon, June 15, 2026 15:10 - 4 posts
The disaster called Iran
Mon, June 15, 2026 15:03 - 50 posts
Trump Is Destroying Everything He Touches
Mon, June 15, 2026 14:57 - 1308 posts
Is Trump Nuts?
Mon, June 15, 2026 14:54 - 1066 posts
 VIEW MORE TOPICS 

FFF.NET SOCIAL