Fools Rush In: 37 Of The Worst Corporate M&A Flops
CB Insights
OCTOBER 29, 2018
The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Date: March 20, 2003. The mega-company reported a $45B write-down in 2003 and then a $100B yearly loss. ” 11. Price: $32B.
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