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So The Next Question Is…

By Mitch Berg

…who’ll rescue Bank of America?

This entry was posted by by Mitch Berg on Friday, January 11th, 2008 at 9:59 am and is filed under Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

8 Responses to “So The Next Question Is…”

  1. Terry Says:
    January 11th, 2008 at 10:12 am

    Millions of Americans paying Bank of America 28% interest on their credit cards!

  2. flash Says:
    January 11th, 2008 at 10:57 am

    Certainly not me paying 4 3/8% on my BoA mortgage MuWahahahahahaha

  3. Kermit Says:
    January 11th, 2008 at 12:27 pm

    Toyota?

  4. Chad The Elder Says:
    January 11th, 2008 at 12:33 pm

    Actually this is probably a good buy for BOA. The vast majority of CW’s mortgages are solid and they picked the right time to buy.

  5. faithmouse Says:
    January 11th, 2008 at 2:58 pm

    Countrywide.

  6. nerdbert Says:
    January 11th, 2008 at 4:17 pm

    At the discount they paid, BoA probably will do ok. But I’m in flash’s boat: my interest rate is pretty darn low, as is my interest in using more of their products.

    At least they won’t have to put up with my loan for all that much longer.

  7. Mr. D Says:
    January 11th, 2008 at 6:12 pm

    B of A used to have a loan center in Bloomington – I worked for them for a few years. They ended up closing it at the beginning of 2006 because they didn’t have any banking operations in Minnesota and didn’t want to operate out of their footprint. As it turned out, closing that facility at that time was just about perfect timing. The timing of this acquisition is good, too. I wouldn’t worry about B of A.

  8. jroosh Says:
    January 12th, 2008 at 3:59 pm

    Lido Anthony “Lee” Iacocca

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