Friday, August 24, 2007

Five steps to reviving Countrywide

An emergency $2 billion cash injection by Bank of America didn't lift Countrywide Financial Corp. stock for long. That's because the only things that will get investors excited about the troubled mortgage company is much more extensive data on Countrywide's loan portfolio - and a CEO who knows when to keep his mouth shut.



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[Source: Financial news of the day - CNNMoney.com]

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