Countrywide woes & Market Jitters

[SON]

On Wednesday, a Merrill Lynch & Co. analyst downgraded Countrywide to "Sell," just days after calling it a "Buy," attributing the change to the rapid deterioration of the credit market. Friedman, Billings, Ramsey Group Inc. said Thursday a continued liquidity crunch for more than three months could send Countrywide into bankruptcy.
Asian stocks plunged overnight and European markets fell sharply Thursday as U.S. credit worries continue to spread to other countries.

 

[Cheering472]

Pleeaase...let's not talk about the market
Can I change my work phone to an unlisted number? Hiding under my desk isn't working.

 

[Buckhead Rick]

Bot some CWC bonds today, let's see how quickly I regret that move.

 

[Miss Kitty]

Bot some CWC bonds today, let's see how quickly I regret that move.

 

[SHELLY]

Pleeaase...let's not talk about the market
Can I change my work phone to an unlisted number? Hiding under my desk isn't working.

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....BEN??...........BEN BERNANKE????....Is that you???


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