NEW YORK (MarketWatch) - The controversial president of failed mortgage lender Countrywide Financial Corp. [s:cfc] will be retiring after the company is acquired by Bank of America Corp. later this year, Bank of America stated Wednesday in a company statement. David Sambol had been tapped to helm the combined mortgage operations of both companies, but regulatory and shareholder outrage over […] For more visit Source:www.investment-blog.net

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This entry was posted on Saturday, May 31st, 2008 at 9:21 pm and is filed under Investment News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.