Tuesday, January 10, 2012

Treasury e-mails shed light on Countrywide, crisis

Our story this week that detailed a series of e-mails Treasury Department officials exchanged in the turbulent months before Bank of America acquired Countrywide has generated a lot of reader response.

Some said the messages, which mention the mortgage lender's troubles, imminent economic crisis and rumors that regulators pushed Bank of America into the transaction, reinforced their belief that the government had a hand in the acquisition. Others said they wished the e-mails revealed more new information about how the deal - which has resulted in ongoing losses and lawsuits for Charlotte's biggest bank - came together.

Still others just wanted to see the documents for themselves. Here's the link. Feel free to take a look and weigh in here with your own insight.