The mortgage securities crisis that nearly brought down the economy didn't just hurt homeowners. Allstate filed a lawsuit against Bank of America and 17 other defendants over understating the risks on more than $700 million in toxic mortgages it bought from Countrywide Financial. Bank of America bought Countrywide in 2008.
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Results tagged “northbrook”
Allstate Sues BofA over Countrywide Losses
Another Reason to Never Buy Expensive Art on eBay
We have to admit that we, like many, have been burned on eBay before. Whether it was a new driver to improve our woeful golf game or a set of Precious Moments figurines, it's happened to us all and we storm off in a huff, a little angrier and $50 down. But imagine paying thousands of dollars for an alleged Picasso on eBay and finding out that it was not only a fake, but that someone connected with the forgery purposely jacked up the bids.
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