Detailed text transcripts for TV channel - MSNBC - 20121024:17:29:00
>> no. >> or does it involve bank of america continuing these practices? >> it would be easy to dismiss it as not a smart move if it did, but what we understand the allegations are, is that they include actions taken by bank of america afterwards saying they knew about what was going on at countrywide and continue those allegations. i will tell you in the financial community there's a lot of concern about this lawsuit and one against jpmorgan because you remember jpmorgan came in and bailed out bear stearns and bank of america bailed out countrywide and what bankers are telling me it's going t...
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