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ReprintsThe bank's big problem is litigation stemming from America's mortgage fiasco.
The case is part of a raft of litigation stemming from the mortgage crisis.
Wachovia, like many banks, faces a deluge of shareholder litigation stemming from the subprime mortgage mess.
With the S.E.C. settlement, the company and its officials have now ended all litigation stemming from the accounting problems.
He is now helping the bank fend off a tidal wave of shareholder litigation stemming from the subprime mortgage mess.
The agency met in closed session Friday to discuss anticipated and current litigation stemming from the collision.
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The litigation stems from a huge "short squeeze" in the shares of Volkswagen in 2008.
The litigation stems from Temple-Inland's ownership of the bank, the Guaranty Financial Group, which it spun off in 2007.
Still, investors fear that losses from Countrywide's $111 billion loan portfolio could spiral higher, and that Bank of America could be saddled with billions of dollars in litigation costs stemming from Countrywide's business practices.
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