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Loan Modification

: Mortgage Lender Implode-o-Meter

Bank of America Said to Sell $7.3 Billion CCB Stake

By Implode-Explode Heavy Industries

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" Bank of America Corp., under pressure from U.S. regulators to raise money, sold a 5.8 percent stake in China Construction Bank Corp. for about $7.3 billion, said two people with knowledge of the matter."

Full post as published by Mortgage Lender Implode-o-Meter on May 12, 2009 (boomark / email).

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