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Posts related to ‘CFC’

NYSE Short Invest Shows Split Bets On Financial Shares (BAC)(C)(ABK)(WB)(WM)(CFC)(F)(S)(T)(CC)

Posted: May 12, 2008 at 3:05 am

Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the period ending. April 30 compared to numbers on April 15.Short ...
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Media Digest 5/7/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 7, 2008 at 2:46 am

According to Reuters, Cisco (CSCO) has a good quarter but was cautious about the future.Reuters reports that Sprint (S) and Clearwire (CLWR) will announced a $12 billion project for national ...
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Media Digest 5/6/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: May 6, 2008 at 2:51 am

According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper to Blackrock.Reuters writes that Bernanke says that high foreclosure rates ...
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Is Countrywide (CFC) Worth $0

Posted: May 5, 2008 at 10:13 am

One of the interesting by-products of S&P cutting Countrywide's (CFC) debt to junk is that Bank of America (BAC) may be frightened witless now about taking over the mortgage banker. ...
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Bond-Holders At Countrywide (CFC) Sweet The Buy-Out

Posted: May 2, 2008 at 5:19 am

Bond-holders who own debt in Countrywide (CFC) have assume that Bank of America (BAC) would take those obligations on and that they would get paid out. Maybe not.According to Bloomberg. ...
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Will Countrywide’s (CFC) Goon Squad Go To The Gallows?

Posted: April 30, 2008 at 5:13 am

The FBI appears to have uncovered some fraud in lending practices at Countrywide (CFC) and now the question is whether management knew. As Captain Renault said in a scene in ...
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Media Digest 4/30/2008 Reuters, WSJ, NYTime, FT, Bloomberg

Posted: April 30, 2008 at 2:51 am

According to Reuters, the Fed will probably cut rates and them pause for some timeReuters writes that senior financiers see the current economic situation as a recession on Main Street ...
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Media Digest 4/25/2008 Reuters,WSJ, NYTimes, FT, Bloomberg

Posted: April 25, 2008 at 2:56 am

According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country.Reuters reports that Honda's net fell and that the company ...
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The FBI Eyeballs Subprime (CFC)(GS)(MS)

Posted: April 18, 2008 at 4:51 am

The FBI is looking into why the subprime market fell apart. As a matter of fact, it wants those who are guilty to turn themselves in so they do not ...
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NYSE Short Interest Hits Record, Bets Against Financials Drop

Posted: April 5, 2008 at 6:13 am

The short interest in NYSE stocks hit a record for the March 31 period. The number compare to those on March 14.Shares short in banks and brokerages began to drop. ...
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Moody’s Downgrades Countrywide (CFC): What About BAC?

Posted: April 4, 2008 at 6:50 am

Moody's cut the credit rating of Countrywide (CFC) to "D" for default, over worries about liquidty. According to Reuters "The downgrade does not reflect Countrywide's planned acquisition by Bank of ...
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Justice For Countrywide (CFC)?

Posted: April 3, 2008 at 5:31 am

A federal judge has approved an investigation into the lending practices of Countrywide (CFC). The mortgage company may have, among other things, charged borrowers large, unjustified fees. That was after ...
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Media Digest 4/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: April 3, 2008 at 2:50 am

According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets.Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong ...
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Media Digest 3/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: March 28, 2008 at 2:53 am

According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run the company after the buy-out is complete.Reuters writes that the ...
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The Perverse Ethics Of Wall St., Countrywide (CFC) Refugees Turn Vultures

Posted: March 24, 2008 at 4:27 am

"There are no second acts in American lives"--F. Scott FitzgeraldSeveral former Countrywide (NYSE: CFC) executives are starting a new company, with the support of financial company Blackrock (NYSE: BLK) to ...
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