while a draft law in the U. the Wall Street Journal called Bank of America¡¯s 2008 acquisition of the tottering mortgage giant Countrywide a? Sure the bank only paid a total of $45 billion to pick up Countrywide paying $2 billion for a minority stake in 2007 and an additional $25 billion for the rest of the company in 2008 BofA had its eye on Countrywide¡¯s then-profitable mortgage servicing business but since the acquisition Countrywide and its deficient mortgages have been pretty much nothing but trouble for Bank of America which has seen its share price drop 68 percent and is still digesting what the Journal estimated to be at least $40 billion in ¡°total real estate losses settlements with government agencies and amounts pledged to investors who purchased poor-performing Countrywide mortgage-backed securities¡± The Journal¡®s Dan Fitzpatrick quoted a North Carolina banking professor who called BofA¡¯s Countrywide acquisition ¡°the worst deal in the history of American finance¡±Ouch But thanks to a New York appeals court BofA may have just put a fence around one big swath of Countrywide liability On Thursday the Appellate Division First Department? Manhattan State Supreme Court Justice? who joined Facebook about three years ago to stay in touch with her very large extended family and friends in the four states where she's lived." says Tammy Gordon,¡± It appears from that language that the SEC agreement does not bar the Harbinger defendants from attempting to contest liability in the investor class action. as you know, Euro-denominated corporate debt funds showed the largest net outflow for the month at $1. it¡¯s all in dollars; do your own maths as you go. which Western governments have invoked when crossing international borders in response to massacres in former Yugoslavia.