Aug 20, 2007

Countrywide Info Needed

Rumors and gossip has been flowing all weekend about what might happen at Countrywide. Today an AP article said that an E-mail was cited by the WSJ that layoffs were going to happen at their Full Spectrum Lending unit. That AP article cited Countrywide with 61,000 employees, and a newer LATimes article lists them with 18,000, either way layoffs could have a huge effect.

If you have any info, please leave a comment or an E-mail through my profile page. Confidentiality is assured.