An inconvenient truth

[Joelle]

An inconvenient truth
      

Countrywide bondholders may have not been holding out for much, but Bank of America may have nothing to offer. Bank of America said in a filing “there is no assurance that any of such (CFC’s) debt would be redeemed, assumed or guaranteed.” It said Countrywide had outstanding debt of about $97.23 billion as of Dec [...]
         

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