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2013-06-10 — reuters.com
``The first witness in the hearing, Pimco executive Kent Smith, said last week that Laughlin "gave us the impression that he had approval of his regulator to file Countrywide into bankruptcy."
Scott Waterstedt, a MetLife executive who also testified Monday, said that when Bank of America threatened the bankruptcy of Countrywide, "I certainly considered it a risk."
The OCC has declined to comment.''
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