Banking, finance, and taxes
CountryWide Financial: How Many More People Go?
Published:
Countrywide (CFC) is going to whack another 900 people. Most of these will come from the mortgage production business. CFC has 60,000 total employees.
CFC keeps saying that its prospects are improving. But, it may not want to say that to the people who are leaving.
CFC shares got as low as $15 in the middle of last month. The briefly recovered to almost $25. But, yesterday, the shares traded as low as $18.75.
So much for the recovery.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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