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Angelo Mozilo’s brilliant promotional skills powered Countrywide stock to soar 23,000% in 20...
Fortune via Yahoo Finance· 11 months agoThe passing of Angelo Mozilo on July 16 at age 83 inspired me to recall my in-person coverage of the...
BofA tells court Ambac cannot prove $2.7 billion mortgage case
Reuters via Yahoo Finance· 2 years ago(Reuters) -Bond insurer Ambac Financial Group Inc cannot prove its $2.7 billion case against Bank of...
BofA (BAC) Agrees to Settle Mortgage Crisis Suit With Ambac
Zacks via Yahoo Finance· 2 years agoBank of America (BAC) agrees to pay $1.84 billion to resolve Ambac's claims over mortgage-backed...
UBS pays $1.43 billion to settle US mortgage claims as industry-wide probe concludes
Reuters via Yahoo News· 10 months agoUBS agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into...
Wells Fargo (WFC) Fined $3.7B by CFPB for Harming Consumers
Zacks via Yahoo Finance· 1 year agoWells Fargo & Company WFC has been ordered by the Consumer Financial Protection Bureau (“CFPB”) to...
Bank of America to pay Ambac $1.84 billion to settle crisis-era mortgage case
Reuters via Yahoo Finance· 2 years ago(Reuters) -Bank of America agreed to pay bond insurer Ambac Financial Group $1.84 billion, the bank...
Warren Buffett's deputy isn't in 'The Big Short' like Michael Burry - but he also bet against the...
Business Insider via Yahoo Finance· 8 months agoMichael Burry (left) and Todd Combs.Jim Spellman/Getty Images; Yahoo Finance/YouTube "The Big Short"...
US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
Reuters via Yahoo Finance· 9 months agoA U.S. judge on Monday dismissed most of a lawsuit where Germany's Commerzbank sought to hold Bank...
Ambac's $2.7 bln mortgage case against Bank of America heads to trial
Reuters via Yahoo Finance· 2 years agoThe trial in Ambac Financial Group Inc's $2.7 billion case against Bank of America is expected to begin in New York state court on Wednesday, 12 years after the bond insurer sued over troubled ...
SVB's newfangled failure fits a century-old pattern of bank runs, with a social media twist
The Conversation via Yahoo News· 1 year agoThousands of banks failed in the Great Depression. Bettmann via Getty ImagesThe failure of Silicon...