Putback Play Seen As Longshot

22 Oct 2010

Market participants say threats of a lawsuit against Bank of America-Merrill Lynch and its Countrywide Financial will likely have other investors looking to initiate similar actions, but they don’t expect such efforts to meet with much success.

--Amelia Granger

Market participants say threats of a lawsuit against Bank of America-Merrill Lynch and its Countrywide Financial will likely have other investors looking to initiate similar actions, but they don’t expect such efforts to meet with much success. Paul Norris, portfolio manager at Dwight Asset Management, said investors ...

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