Countrywide CEO discusses Credit Crunch and Bank of America Investment

Countrywide CEO Angelo Mozilo discusses the ongoing crisis in the mortgage market and the $2 Billion dollar investment by Bank of America in Countrywide.

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MoneyWatch (CBS News)

Alexis Christoforous reports that the stock market took off; mortgage applications rose; GM lowered its sales forecast; and Virgin

Technorati: airlines america applications cbs cbsnews general gm home housing market mortgage motors prices stock virgin

MoneyWatch (CBS News)

Alexis Christoforous reports that the stock market took off; mortgage applications rose; GM lowered its sales forecast; and Virgin America airlines took off. (CBSNews.com)

Technorati: airlines america applications general gm home housing market mortgage motors prices stock virgin

AP: USA LEGAL MORTGAGE SCAM RIPS OFF EUROPEAN "SUCKERS" !

Ripleys "believe it or not". It's legal in America to buy a great credit score and get a huge mortgages which are then sold to foreign suckers like European banks,Asian investors and pension plans world wide (even american ones). Fico , US regulators and banks know all about it but don't give a damn cause the risky mortgages are unloaded onto gullible foreigners and pension plans.
Sources:
http://www.washingtonpost.com/wp-dyn/...

http://news.search.yahoo.com/search/n...
http://www.insidebayarea.com/trivalle...

http://instantcreditbuilders.com/

http://www.examiner.com/a-761421~_Pig...

Technorati: america credit europeans fico mortgage mortgages scam score

AP: MORTGAGE SCAM LEGAL IN USA: RENTED FICO SCORES !

It's legal in America to rent a great credit score to use to get huge mortgages which are then sold to foreign suckers like European banks,Asian investors and pension plans world wide. FICO,US Regulators and Wall Street all know about the scam but don't care because the risks are sold to foreign suckers and american pension plans.
Sources:
http://www.washingtonpost.com/wp-dyn/...

http://news.search.yahoo.com/search/n...
http://www.insidebayarea.com/trivalle...

http://instantcreditbuilders.com/

http://www.examiner.com/a-761421~_Pig...

Technorati: america credit fico mortgage mortgages scam score

AP: BIGGEST USA SCAM YET:RENT A CREDIT SCORE& GET MORTGAGE !

BIGGEST USA SCAM YET:RENT A CREDIT SCORE& GET MORTGAGE which is then sold to suckers world wide

Technorati: america credit europeans fico mortgage mortgages scam score