U.S. vs. Mozilo: The Potential Countrywide Case

Aug. 20 (Bloomberg) –- Mendon Capital President and CEO Anton Schutz and Bloomberg’s Keri Geiger discuss Bank of America’s $17 billion settlement over mortgage-backed securities and a civil lawsuit against Countrywide co-founder Angelo Mozilo. They speak on “Taking Stock.” (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
48:09 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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