Countrywide, WaMu, Amex, Capital One cut by Lehman (Reuters via Yahoo! Singapore News)

Story date: 2007-10-22 05:14:41
Added on: 2007-10-22 17:00:19

NEW YORK, Oct 22 - Countrywide Financial Corp , Washington Mutual Inc and several other finance companies were downgraded on Monday by Lehman Brothers Inc analyst Bruce Harting, who said the U.S. credit downturn could result in $242 billion of mortgage-related losses.


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