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To: Jim McMannis who wrote (68744)9/8/2007 3:05:18 AM
From: mishedlo  Respond to of 116555
 
Countrywide Reaps What It Sowed
globaleconomicanalysis.blogspot.com
Countrywide is firing 12,000 workers or some 20% of its workforce. But behind the scenes of how countrywide got so big is a story of greed, corruption, and deceptive lending practices. Customers were steered into high priced loans even if they qualified for better rates. Fees were excessive. In the end countrywide is finally reaping what it sowed.

Mish