busi ethic bofa.docx - The company/individuals involved...

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The company/individuals involved There are four key players to talk about in this part; Bank of America, Countrywide Financial Cooperation, David Sambol and Angelo Mozilo. Bank of America is really well known bank company in United States. Bank of America’s history was started at 1904 in San Francisco. Bank of America had 453 offices in 1929, and in 1983 it expanded out of California (Bank of America, 2014). The bank kept growing and today Bank of America is the second largest bank company according to assets (ffiec, 2014). Bank of America’s main competitors are; Citigroup, JPMorgan Chase, and Wells Fargo. Basically, Bank of America is started from the bottom and it is climbing to the top. The other key player is Countrywide Financial Cooperation. In 2008, Bank of America was obtained Countrywide Financial Cooperation. Countrywide Financial Cooperation has created a new mortgage which is named House America to help who has low income. At the same year the Federal Bureau of Investigation (FBI) investigated Countrywide Financial Cooperation for possible fraud. In 2010
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