Saturday, November 10, 2007

Lower Ratings Would Hamper Countrywide

Countrywide warned in a securities filing that further cuts in its credit ratings to junk-bond levels could "severely" limit its ability to raise money in public debt markets and cause it to lose bank deposits.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/182477829/SB119465817460188744.html

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