Financial stocks slip further on reports that Pimco, BlackRock (BLK -1.4%) and the Federal...

|By:, SA News Editor
Financial stocks slip further on reports that Pimco, BlackRock (BLK -1.4%) and the Federal Reserve Bank of New York are pressuring Bank of America (BAC -2.7%) to repurchase soured mortgages packaged into $47B of bonds by its Countrywide unit. (ETF: XLF)