Bank Of America Sued Again Over Countrywide Loans

Bank Of America Sued Again Over Countrywide Loans

We’re willing to bet that Bank of America CEO Brian Moynihan’s office has two dartboards: one featuring the curiously orange face of former Countrywide head honcho Angelo Mozilo, whose company made countless loans to people it knew could never properly repay them; the other with the smirking face of Moynihan’s predecessor Ken Lewis, who was stupid enough to think Countrywide was worth buying, a decision that continues to haunt the nation’s largest bank. [More]