Banking, finance, and taxes

Will Countrywide Make It? 12,000 More Job Cuts

Countrywide Financial (CFC) did what it could to keep the news out of the light. But late Friday The Wall Street Journal put out word that 12,000 more people would be fired at the firm. That means 20% of the company’s work force.

The news keeps getting worse.

Douglas A. McIntyre

 

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