Bank of America Corp (BAC)

[starbuxsux]

Ex-Countrywide exec to receive more than $57 million for whistle blowing: NYT

Dec 17, 2014 15:02:00 (ET)

Edward O'Donnell, a former executive at Countrywide Financial who helped government prosecutors, is receiving more than $57 million for whistle blowing over bad mortgages, according to a Wednesday story in The New York Times. O'Donnell helped prosecutors' case against Bank of America (BAC) that led to a $16.65 billion settlement. Bank of America bought Countrywide in 2008.

-Ruth Mantell; 415-439-6400; [e-mail]


Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

12-17-14 1502ET


Copyright (c) 2014 Dow Jones & Company, Inc.