Unimaginable Headlines In Today's Papers

Merrill Seen Suffering $15 Billion Investment Loss: Report

Countrywide Seeks Rescue Deal

Of course by now everyone is starting to adjust but if you can mentally transport yourself back to the go-go days of 2005-2006 and told someone that Countrywide would be teetering on bankruptcy in two years, you would be laughed into the business mental asylum.

Posted on January 11, 2008 and filed under Finance.