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.
SONSONBeach LoverBlue Mt. Beach ,FL139 postsJoined View profileMessageBeach Lover
SONBeach LoverBlue Mt. Beach ,FL139 postsJoined View profileMessageBeach Lover1,344 views
Replies
4
Cheering472Cheering472SoWal Insider5,295 postsJoined View profileMessageSoWal Insider
Cheering472SoWal Insider5,295 postsJoined View profileMessageSoWal InsiderPleeaase...let's not talk about the market :bang: :bang:
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.
Buckhead RickBuckhead RickBeach Lover140 postsJoined View profileMessageBeach Lover
Bot some CWC bonds today, let's see how quickly I regret that move.
Miss KittyMiss KittyMeow47,011 postsJoined View profileMessageMeow
Miss KittyMeow47,011 postsJoined View profileMessageMeowBot some CWC bonds today, let's see how quickly I regret that move.
:lolabove:
SHELLYSHELLYSoWal Insider5,763 postsJoined View profileMessageSoWal Insider
SHELLYSoWal Insider5,763 postsJoined View profileMessageSoWal InsiderPleeaase...let's not talk about the market :bang: :bang:
Can I change my work phone to an unlisted number? Hiding under my desk isn't working.
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:blink: ....BEN??...........BEN BERNANKE????....Is that you???
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