Countrywide shares go on wild ride (Washington Post)
Story date: 2007-11-20 02:12:21
Added on: 2007-11-20 20:53:21
NEW YORK (Reuters) - Countrywide Financial Corp shares plummeted as much as 22 percent on Tuesday on speculation the largest U.S. mortgage lender might run short of cash, but recovered most of that loss after the company said it has ample liquidity and will not go bankrupt.
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