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Bankruptcy

: The Debt Podcast

Countrywide Goes Skiing While You Face Foreclosure

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Countrywide is selling itself at fire-sale prices to Bank of America. It has laid off tens of thousands of employees. Investors in its stock and bonds have been hammered. Homeowners across the country are defaulting on its mortgages and the federal home loan bank is on the hook for many of those [...] read more

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Full post as published by The Debt Podcast on February 22, 2008 (boomark / email).

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