Credit Bubble Stocks

Here's a quote from the November 2010 market commentary of Bill Miller (manager of Legg Mason value) . "There is a lot more to go ...

That's what's happening according to the LA Times article, Bank of America yanks Countrywide Financial customers' credit lines ....

I think there will be at least one more big leg down. I see numerous potential catalysts; here are two: CFC (or the creditors) file a BK pet...

Last summer I wrote two posts on Countrywide: Absurd CFC Rumor Presents Shorting Opportunity (August 21, 2007 with CFC at $21.79) and Why C...

Two of Countrywide Financial Corp.'s largest shareholders said in regulatory filings Monday that they have cut their stakes in the mortg...

A classic from Broker Outpost: " You know you're subprime when ," When the lender I used for your purchase is now out of busin...

First of all, the rumor about Buffett buying Countrywide turned out to be wrong, as usual. Second, the Bank of America investment produced a...

This rumor was printed in the WSJ and hyped to death all day long on CNBC. The actual wording was " Some investors speculate Berkshire ...

From a recent Washington Post : "Maggie Hardiman cringed as she heard the salesmen knocking the sides of desks with a baseball bat as t...

New Century's financing was provided by its warehouse lenders: big investment banks. They pulled the plug once the subprime problem beca...