Countrywide posts loss, stock soars on outlook
Story date: 2007-10-26 01:44:00
Added on: 2007-10-26 16:00:27
CNBC - Pretax losses totaled $1.31 billion in mortgage banking, $407 million in banking and $344 million in capital markets. Insurance operations generated a $150 million profit. While the outlook soothed investors, Mozilo remains a lightning rod and some ...
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