Countrywide was just too good to be true
Countrywide Financial Corp. shareholders are voting June 25 in Calabasas on the acquisition of their company by North Carolina-based Bank of America.
In the face of the debacle known as the subprime mortgage meltdown, shareholders are being asked to allow BofA to become the nation’s largest lender in a $3.3 billion deal.
How things have changed.
