Posts Tagged ‘ Mortgage Backed ’

Bank of America kept AIG legal threat under wraps 

August 31, 2011
Bank of America kept AIG legal threat under wraps 

The American International Group (AIG) building is seen in New York's financial district March 16, 2009. Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion, seven months before the lawsuit was filed, according to sources familiar with [...]

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U.S. Fed leaves benchmark interest rate unchanged to foster recovery

September 24, 2009
U.S. Fed leaves benchmark interest rate unchanged to foster recovery

The U.S. Federal Reserved on Wednesday decided to leave a key interest rate at a record low in an obvious effort to foster a nascent economy recovery. Wrapping a two-day meeting, the Federal Open Market Committee (FOMC) said in a statement that it will maintain the target range for the federal funds rate at 0 [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...