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  • Countrywide Reeling Again as Bankruptcy Rumors Fly

    Rumors of imminent bankruptcy swirled around Countrywide Financial Corporation for much of the day on Tuesday resulting in a 27.4 percent drop in the company's stock and contributing to the huge slide in the Dow Jones Industrial Average. Countrywide, the nation's largest mortgage lender, denied that...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Wed, Jan 9 2008
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