greece and foreclosure agreements announced: Greece and Foreclosure Agreements Announced
- 02/16/12 01:46 PM
Greece and Foreclosure Agreements Announced There were many deals being agreed upon this morning. Over in Greece, it has been reported that they have finally agreed on a debt swap deal, including new austerity measures, and avoiding a near-term, very disorderly market event. The European market soared today, hitting levels it hasn't seen since December 2011. In closer news, an agreement has been finalized with five large banks, Ally Finance, Bank of America, Citigroup, JP Morgan Chase and Wells Fargo, to settle alleged foreclosure abuses. This $26 billion deal is the largest government vs. business settlement since the tobacco lawsuits back … (0 comments)
Greece and Foreclosure Agreements Announced There were many deals being agreed upon this morning. Over in Greece, it has been reported that they have finally agreed on a debt swap deal, including new austerity measures, and avoiding a near-term, very disorderly market event. The European market soared today, hitting levels it hasn't seen since December 2011.
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