Thursday, August 16, 2007

‘Iceberg’ begins to reveal its self

Top US lender 'risks bankruptcy'

Merill Lynch warn of problems for top US lender Countrywide Financial, Its analyst Kenneth Bruce states the obvious: "If liquidations occur in a weak market, then it is possible for Countrywide to go bankrupt."

Posted by ticktock @ 06:15 AM (450 views)
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