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Post by jeffolie on Aug 20, 2007 8:03:36 GMT -6
Countrywide layoffs The Wall Street Journal, citing an internal e-mail sent Friday to employees of Countrywide's Full Spectrum Lending unit, said the company has laid off workers in that division, which handles home loans rated between prime and subprime. The e-mail didn't detail the number of employees laid off, the report said. It employs a total of about 61,000 people, and about 6,800 of them worked in sales at Full Spectrum as of June 30, according to the Journal. money.cnn.com/2007/08/20/news/companies/countrywide_layoffs/
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Post by jeffolie on Aug 20, 2007 9:00:19 GMT -6
If it walks like a duck...
-emergency loans
-insider selling
-panic withdrawls
-layoffs
It must be a dying duck.
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