Countrywide news from FierceFinance
News
Is Bank of America's Ken Lewis the next to get sacked?
In the furor over Lehman Brothers recently, many have suggested that CEO Dick Fuld's job is on the line. But you really could say the same for other banks out there--big and small. A commentary on Read more...
Illinois to sue Countrywide; tip of iceberg?
We've noted before that prosecutions and regulatory action always follow scandals. So the news that the state of Illinois will sue Countrywide and its CEO Angelo Mozilo come as no surprise. You can Read more...
Countrywide to be Ken Lewis's undoing?
The sacking of former Wachovia CEO Ken Thompson shows how one deal really can blow a guy's career. True, Read more...
New era for Bill Miller opening up?
We tend to think of Bill Miller as the guy who manages the $12 billion Legg Mason Value Trust, famous for having beat the S&P 500 for 15 years straight--a streak that ended recently. But as the Read more...
Should Bank of America walk away from Countrywide?
MarketWatch notes that Countrywide is a bad position. Basically, its debts exceed its assets. Negative equity, of course, doesn't exactly speak well for the mortgage giant's future. Of immediate Read more...
ALSO NOTED: Banks face 40 percent drop in earnings; Bank of America getting cold feet on Countrywide; and much more...
Company News:> Bank of America getting cold feet on Countrywide. Article> Thomas Read more...
ALSO NOTED: Wachovia to take big charge due to court ruling; Och-Ziff founder fares well; and much more...
Company News: > Wachovia to take big charge due to court ruling. Article > Analysts sour more on Countrywide. Read more...
ALSO NOTED: Countrywide posts surprising, massive loss; Analysts upgrade Wachovia;and much more...
Company News: > HSBC, Lone Star extends deal date. Article > S&P credit markets hits McGraw-Hill earnings. Read more...
ALSO NOTED: Bear Stearns shareholders to vote on JP Morgan offer May 29; UBS to lay off 8,000?; and much more...
Company News: > BNY Mellon buys rest of BNY Trust Australia. Article > UBS to lay off 8,000? Read more...
Bill Miller says worst is over
Bill Miller, the esteemed Legg Mason Value Trust fund manager, has Read more...