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Politics : Welcome to Slider's Dugout

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From: RonMerks	8/16/2007 10:55:19 AM
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Is this like a 'reverse omen' or what? Am I the only one who read this headline and thought- 'what the hell!?!?! - now the subprime lenders are doing the same thing the subprime borrowers were doing- juggling 40 credit cards!' This is unreal- Countrywide Borrows $11.5B From 40 Banks Thursday August 16, 9:37 am ET By Stephen Bernard, AP Business Writer Countrywide Borrows $11.5B From 40 Banks to Fund New Loans As Industry Faces Credit Crunch The good news is that these 40 banks can't be so stupid as to loan CFC $11 Billion - that's with a "B", if they have any chance of going under. - or, could they (be that stupid)? Ron

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