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To: Hydroshock
Countrywide Cut by KBW on Concern About Bank Deposits

Wow ! 5 Updates already on Bloomberg.

Cannot excerpt the link But I can tell you that CFC was downgraded to ``underperform.'' KBW said a liquidity crisis was spreading to the company's bank.

CFC stock price fell over 7.5% today in heavy trading.

Nohing to see here, people. Move along, move along. If you have money there . . . don't know what to tell you.

32 posted on 08/20/2007 4:45:32 PM PDT by ex-Texan (Matthew 7: 1 - 6)
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To: ex-Texan

800 layoffs in Chandler AZ.....

the Countrywide Bank in California is having a run on its money....and these are people taking millions out.


34 posted on 08/20/2007 5:22:35 PM PDT by BurbankKarl
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