Expansion of Countrywide Suit

Posted by Plus Master at 1:01 PM
 

As reported at CNNMoney.Com, New York authorities are suing 26 banks and two accounting firms that did business with Countrywide Financial, saying the companies failed to ensure the company was being honest with investors.

The banks and accounting firms were added to the suit on Friday to an action already pending in California.
 
The full article can be found here on CNNMoney.com.
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