Tuesday, October 19, 2010

Even More Funner

Awesome.

Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America Corp. to repurchase soured mortgages packaged into $47 billion of bonds by its Countrywide Financial Corp. unit, people familiar with the matter said.

This is the same as what I linked earlier, with added info of who the players are. Pimco, BlackRock, and the NY Fed are BFDs.