All Posts Tagged With: "Sony (SNE)"

Market Update: Bank of America (BAC), Freddie Mac (FRE), Intel (INTC), Sony (SNE), Boeing (BA), Rio Tinto (RTP), Goldman Sachs Group (GS)

Countrywide’s Mozilo Charged with Fraud; Mortgage Rates Hit 6-Month High; Intel Gets Foothold in Wireless; UAL Looking to Jettison 747; Rio May Sell $15 Billion in Stock After Chincalco Deal Fails; Oil Prices Jump 5%; Allison: Banks Need $100 Billion Cushion; Retail Sales Plunge

  • The Securities and Exchange Commission yesterday (Thursday) filed fraud charges against former Countrywide Chief Executive Officer Angelo Mozilo. The charges may involve Mozilo’s sale of shares of giant mortgage lender Countrywide, which last year was sold to Bank of America Corp. (NYSE: BAC) CNNMoney reported. "We do not believe there is any fair basis for allegations to be…
5Jun2009 | Money Morning | 0 comments | Continued

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