SearchBank of Americas risky bet16th January 2008 In taking over deeply troubled lender Countrywide Financial, the nations biggest bank is wagering $4 billion that the US housing market is near a turnaround. But on Wall Street, that seems like a roll of the dice. This article is courtesy of MSN Money Investing Ideas Tech stocks pain proves theyre vulnerable, too | Why the dollar keeps dropping | What the big banks arent telling you -- yet Categories: Daily Reports |
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