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.
Replies
4
SoWal Insider
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.
Can I change my work phone to an unlisted number? Hiding under my desk isn't working.
Beach Lover
Bot some CWC bonds today, let's see how quickly I regret that move.
Meow
Bot some CWC bonds today, let's see how quickly I regret that move.
SoWal Insider
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.
.
....BEN??...........BEN BERNANKE????....Is that you???.
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