Bank of America’s Article 77 Hearing Continues, Corinthian Colleges’ SEC Debacle, and 3 More Hot Stocks

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Bank of America (NYSE:BAC): As the bank’s Article 77 hearing rolls on, eyebrows were raised when Chief Risk Officer Terry Laughlin’s admitted under oath that he had not gotten clearance from the OCC about putting Countrywide into bankruptcy. What Laughlin meant, he says, is that in his opinion, he did not see regulators as being an “impediment to bankrupting Countrywide.”

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