Calomiris Interview on Fed's Pressure on BofA Mortgages

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Oct. 20 (Bloomberg) -- Charles Calomiris, a professor at Columbia Business School, discusses efforts by the Federal Reserve Bank of New York, BlackRock Inc. and Pacific Investment Management Co. to force Bank of America Corp. to repurchase soured mortgages packed into $47 billion of bonds sold by its Countrywide Financial Corp. unit. Calomiris, speaking from New York, talks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)


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