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Posts related to ‘Countrywide’

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The Other PennyMac IPO

PennyMac Financial Services is a newly formed holding company affiliated with the Private National Mortgage Acceptance Company. The company has filed its S-1 registration statement with the Securities and Exchange ...
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The Other 10 Worst Big Mergers of the Past 10 Years

Are big mergers really worth it? After this week's merger implosion news by Hewlett-Packard Co. (NYSE: HPQ), 24/7 Wall St. wanted to review and analyze many of the really bad ...
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BofA and the Lesson of Assets Sales (BAC, AIG, XLF, FAS)

Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation ...
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Bernanke: Close The Banks That Can’t Cut It

During his interminable testimony before the Financial Crisis Inquiry Commission, Federal Reserve Chairman Ben Bernanke said that banks that posed a major risk to financial stability should be closed. "If ...
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