BoA considers filing Bankruptcy for Countrywide Unit - Beacon Equity...

09/16/11

BoA considers filing Bankruptcy for Countrywide Unit
Beacon Equity Research
(NYSE:BAC) said on Friday that it will consider filing bankruptcy for Countrywide Financial Corp., if the case that litigation losses lead to crippling of the lender. According to four people with knowledge about the plans at BoA, ...

[more]