View Single Post
  #13  
Old 09-09-2007, 09:14 AM
adios adios is offline
Senior Member
 
Join Date: Sep 2002
Posts: 8,132
Default Re: countrywide (aka enron) cans 12k employees

One thing not mentioned is that it's obvious that even if CFC survives and resolves it's short term funding issues, they'll be significantly de-leveraged and doing a lot less loan production which means earnings will be way, way down if existent at all.
Reply With Quote