Read more Countrywide stories on Newserhttp://www.newser.com/taggrid/9251/countrywide.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 5:24:11 CSThttp://www.newser.com/story/67795/subprime-screwups-reap-subsidies.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMany of the lenders eligible for $75 billion in taxpayer subsidies from the government's foreclosure prevention program are the very same subprime lenders who fueled the mortgage crisis in the first place, the Washington Post reports. According to a report to be released tomorrow, JPMorgan, Countrywide, Wells Fargo, and other...http://www.newser.com/story/67795/subprime-screwups-reap-subsidies.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 26 Aug 2009 5:03:00 CDThttp://www.newser.com/story/61020/countrywides-mozilo-charged-with-fraud.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe SEC has charged former Countrywide chief Angelo Mozilo and two other former execs with civil fraud, the Wall Street Journal reports. The agency accuses them of insider trading and withholding information from investors about the condition of what was once the nation's largest mortgage company. They are the first...http://www.newser.com/story/61020/countrywides-mozilo-charged-with-fraud.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 04 Jun 2009 16:09:59 CDThttp://www.newser.com/story/60601/like-father-like-son-dodd-fights-for-future.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFor the second time in recent memory, a Senator Dodd from Connecticut is accused of corruption and faces a rocky political future, Newsweek reports. The current senator, Chris Dodd, is a 28-year veteran and former presidential candidate, but after devising an AIG loophole and appearing to make shady housing deals,...http://www.newser.com/story/60601/like-father-like-son-dodd-fights-for-future.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 31 May 2009 16:32:21 CDThttp://www.newser.com/story/37587/her-golden-parachute-fine-with-mccain.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJohn McCain and Sarah Palin made a point yesterday of blasting CEOs who left their companies with multimillion-dollar golden parachutes while workers and shareholders suffered. But McCain’s top economic adviser deployed just such a shiny parachute when Hewlett-Packard ousted her, ABC News reports. Carly Fiorina pocketed $45 million, even as...http://www.newser.com/story/37587/her-golden-parachute-fine-with-mccain.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 16 Sep 2008 14:10:01 CDThttp://www.newser.com/story/32953/bank-of-america-posts-slide-but-beats-q2-expectations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America reported a 41% decrease in net income today, beating analyst expectations as writedowns shrank to $1.22 million in the second quarter from $2.81 billion a quarter earlier, reports the Wall Street Journal. The bank also said it expects to make money this year from its...http://www.newser.com/story/32953/bank-of-america-posts-slide-but-beats-q2-expectations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 21 Jul 2008 7:33:29 CDThttp://www.newser.com/story/30845/illinois-to-sue-countrywide-ceo-over-foreclosure-fiasco.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe state of Illinois will sue Countrywide and its CEO today for "unfair and deceptive practices" in the first suit related to the current mortgage crisis. The company is accused of pushing loans on homeowners even if they couldn't repay them, the Wall Street Journal reports. Illinois' attorney general blamed...http://www.newser.com/story/30845/illinois-to-sue-countrywide-ceo-over-foreclosure-fiasco.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 25 Jun 2008 8:57:52 CDThttp://www.newser.com/story/29788/obamas-embattled-veep-hunter-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA member of Barack Obama’s VP selection team who has drawn a firestorm of criticism this week is stepping down from his post, CNN reports. “Jim [Johnson] did not want to distract in any way from the very important task of gathering information about my vice presidential nominee, so he...http://www.newser.com/story/29788/obamas-embattled-veep-hunter-to-quit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 11 Jun 2008 14:21:29 CDThttp://www.newser.com/story/21022/subprime-lender-ceos-defend-exec-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanking executives who took home huge paychecks even as the subprime mortgage crisis battered their companies appeared before Congress today to defend their actions. Democrats on the House Oversight Committee grilled them about their enormous pay packages as Republicans apologized to them and questioned the premise of the hearing, the...http://www.newser.com/story/21022/subprime-lender-ceos-defend-exec-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 07 Mar 2008 15:50:00 CSThttp://www.newser.com/story/16097/bofa-may-buy-ailing-countrywide.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBank of America is in advanced talks to buy troubled Countrywide, the Wall Street Journal reports. The Charlotte-based bank could be on the brink of acquiring the US' largest mortgage lender, whose market value has plummeted to $3 billion—about 2 months' profit for BofA—as foreclosures continue to dent...http://www.newser.com/story/16097/bofa-may-buy-ailing-countrywide.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 10 Jan 2008 15:21:30 CST