Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 12,454.80 -74.92 -0.60%
S&P 500 1,317.82 -2.86 -0.22%
Nasdaq 2,837.53 -1.85 -0.07%
Ticker Volume Price Price Delta
STOXX 50 2,161.87 +5.35 0.25%
FTSE 100 5,351.53 +1.48 0.03%
DAX 6,339.94 +24.05 0.38%
Ticker Volume Price Price Delta
Nikkei 8,580.39 +17.01 0.20%
TOPIX 722.11 -0.14 -0.02%
Hang Seng 18,713.40 +47.01 0.25%
Gold 1,571.20 +0.73%
EUR-USD 1.2517 -0.1227%
Nasdaq 2,837.53 -0.07%
DJIA 12,454.80 -0.60%
S&P 500 1,317.82 -0.22%
FTSE 100 5,351.53 +0.03%
STOXX 50 2,161.87 +0.25%
DAX 6,339.94 +0.38%
Oil (WTI) 90.86 +0.22%
U.S. 10-year 1.738% -0.039
BAC:US 7.15 +0.14%
FB:US 31.91 -3.39%

Tecce Sees Pimco, New York Fed Lawsuit Against BofA: Video

Oct. 19 (Bloomberg) -- Fred Tecce, a lawyer at McShea Tecce and a former U.S. attorney, talks about efforts by Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York to force Bank of America Corp. to repurchase soured mortgages. People familiar with the matter said the mortgages were packaged into $47 billion of bonds by its Countrywide Financial Corp. unit. Tecce talks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Fred Tecce, a lawyer at McShea Tecce and a former U.S. attorney, talks about efforts by Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York to force Bank of America Corp. to repurchase soured mortgages.

People familiar with the matter said the mortgages were packaged into $47 billion of bonds by its Countrywide Financial Corp. unit. Tecce talks with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Running time 05:30

Sponsored Links