DealBook: Whistle-Blower on Countrywide Mortgage Misdeeds to Get $57 Million
Edward O’Donnell, a former Countrywide Financial executive, helped federal prosecutors force Bank of America to pay a record $16.65 billion penalty over its role in churning out shoddy mortgage securities. [Source]
Publication Date:Origin: nytimes.com
Category: United States
Topics: Countrywide, securities, mortgage, shoddy, churning, penalty, billion, record, America, force, prosecutors, federal, helped, executive, Financial, former, O’Donnell, Edward, Million, Misdeeds, Mortgage, Whistle-Blower, DealBook