 The grant (all of which are approved by the Governor, the Lieutenant Governor and Speaker of the House) is one of the largest made from the fund in terms of the size and the number of jobs promised.In the fall of 2007, while slashing jobs and with its stock price plummeting, Countrywide was eventually acquired in a fire sale by Bank of America.But thanks to the "claw-back" provisions in the program, grantees return all funds to the state for jobs not created.