Lawyers for founder Angelo Mozilo and two other former executives at the mortgage company say the case has grown far too complex to be tried in three weeks. The federal civil fraud case against Countrywide Financial Corp. founder Angelo R. Mozilo and two other former company executives has grown far too complex to be tried […]
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BofA searches for assets to sell
Bank of America plans to identify tens of billions of dollars in assets and businesses that it wants to sell or wind down, in the latest effort to ease investors’ concerns about its holdings of risky securities and loans… …Although the plans have not been made public, analysts said that the non-core assets could exceed […]