Unintended Consequences - Fast Money Recap (10/6/08) [View article]
I have flipped past it before but never listened for more than a few seconds. I won't even buy a used car from someone who yells on TV.
This morning on Bloomberg I listened to a few minutes of analysis on why BofA needed to raise capital. Not one of them mentioned the $8.4 Billion predatory lending settlement they just entered into to get out of the Countrywide lawsuits. They haven't impressed me much either lately.
Unintended Consequences - Fast Money Recap (10/6/08) [View article]
This morning on Bloomberg I listened to a few minutes of analysis on why BofA needed to raise capital. Not one of them mentioned the $8.4 Billion predatory lending settlement they just entered into to get out of the Countrywide lawsuits. They haven't impressed me much either lately.