Tag Archives: countrywide

Cenk Uygur interviews Matt Taibbi from Rolling Stone on Current TV on Bank of America being too crooked to fail, March 22, 2012: bid rigging and sale of poor quality mortgage-backed securities. Video and transcript.

Cenk Uygur interviews Matt Taibbi from Rolling Stone about how the big banks, Bank of America and Chase, have committed fraud by selling poor quality mortgaged back securities to pension fund institutions and by rigging government bid contracts. Are Bank of America and Chase too crooked to fail? Continue reading

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Countrywide: Borrowed Time. Who Will Take the Blame for America’s Mortgage Crisis?

MSNBC TV’s Cenk Uygur shares his thoughts on why not a single mortgage lender has been sent to prison for their role in the financial crisis but at least one borrower has been sentenced. Continue reading

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