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: 879
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
A thread for Democrats Only
Tue, July 8, 2025 14:40 - 7056 posts
How many years before China is No. 1?
Tue, July 8, 2025 14:17 - 129 posts
India
Tue, July 8, 2025 14:16 - 175 posts
Japanese Culture, India, Spanish, Chinese, S.Korea movies are now outselling American entertainment products...so now Zionist Maoist Trump will save pedo Hollyweird by placing sanctions and tariff on movies of the world
Tue, July 8, 2025 14:16 - 94 posts
The Corporation of the City of London
Tue, July 8, 2025 13:45 - 12 posts
When being young is a crime...
Tue, July 8, 2025 13:35 - 14 posts
Who hates Israel?
Tue, July 8, 2025 13:33 - 130 posts
China
Tue, July 8, 2025 13:32 - 508 posts
British ambassador says "Zionsim is Bulls%^&!"
Tue, July 8, 2025 13:29 - 2 posts
Science given the boot at White House
Tue, July 8, 2025 13:25 - 208 posts
MAGA losers
Tue, July 8, 2025 13:20 - 112 posts
TRUMP AND HIS SUPPORTERS ARE NAZI PEDOPHILES
Tue, July 8, 2025 13:15 - 492 posts
 VIEW MORE TOPICS 

FFF.NET SOCIAL