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  • Countrywide Surges on Expected Return to Profitability in Q4 [View article]
    Sorry, but I don't think Countrywide can turn itself around in just 1 quarter. Whereas other financial firms were partially involved in subprime loans, Countrywide's entire business plan seemed to be subprime loans. Some changes need to be made, first and foremost Mozilo must go. Second, clear up that SEC investigation ASAP. After that, in a couple of years Countrywide should be fine, assuming the Directors ( www.newsvisual.com/new... ) learned something.
    Oct 26 11:22 am |Rating: 0 0 |Link to Comment
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