Posted by Reuters: Business News on September 7, 2011
(Reuters) – Ratings agency Standard & Poor’s officials privately met with large bond investors weeks before the firm’s U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.
Posted by Reuters: Business News on September 2, 2011
NEW YORK (Reuters) – U.S. government bond investors see Federal Reserve action to boost the flagging economy as practically a done deal after Friday’s dismal jobs report.
Posted by Reuters: Business News on July 19, 2011
CHARLOTTE, North Carolina (Reuters) – Bank of America Corp posted a second-quarter net loss after agreeing to an $8.5 billion settlement with mortgage bond investors.
Posted by Reuters: Business News on July 6, 2011
NEW YORK (Reuters) – A group of bondholders plans to challenge Bank of America Corp’s $8.5 billion settlement with holders in soured mortgage-backed securities, saying it may be unfair to other bond investors.
Posted by Reuters: Business News on June 30, 2011
CHARLOTTE, N.C./NEW YORK (Reuters) – Bank of America Corp said it expects to take more than $20 billion of charges after settling with mortgage bond investors, resulting in a second-quarter loss.
Posted by Reuters: Business News on June 29, 2011
NEW YORK (Reuters) – Bank of America Corp said it expected to take more than $20 billion in charges after settling with mortgage bond investors, resulting in a second-quarter loss.
