Sen Schumer questions Bank of America's (BAC) Countrywide (CFC) purchase - Bloomberg
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Sen Schumer questions Bank of America's (NYSE: BAC) Countrywide (NYSE: CFC) purchase - Bloomberg. Schumer says Bank of America may want to re-think Countrywide deal. Schumer says Countrywide's practices may justify lower price.
NOTE: Yesterday, speculation of a lower bid was abound after a research report from an FBR analyst. BofA said they continue to stand by the deal.
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