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  • Author unknown

    Media Digest 3/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

    http://www.eatingstock.com/?p=1832
    164 days ago in EatingStock.com · Authority: 4

    According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run the company after the buy-out is complete. Reuters writes that the chairman of Bear Stearns (BSC) sold all of his stock in the company for $61 million. Reuters writes that Xerox (XRX) will pay $670 million to settle a securities lawsuit. Reuters reports that JP Morgan (JPM) is trying to integrate Bear Stearns operations as they begin to fall apart. According to The Wall Street Journal, Citigroup (C) has hired an outsider to run its huge US consumer bank. The… Read the rest at 24/7 Wall St.