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Countrywide Financial

Countrywide continues to spew red ink

Countrywide Financial Corp. continued to spew red ink in the year's first quarter, losing $893 million, an amount that exceeded its revenue, as the housing market implosion intensified.

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Shannon
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Judge it!
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#1
Apr 29, 2008
 
COUNTRYWIDE DESERVES ALL OF THIS, THEY LIE TO BORROWERS AND EMPLOYEE'S.
Jonathan
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Judge it!
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#3
Apr 29, 2008
 
Shannon I'm assuming that you don't work for Countrywide. Sure they lied but it's the employees of the company that get hurt in the long run too with layoffs. I wonder what will happen in the next few months with BOA. Will we bring them down with us???
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