Future Sight

A Macro view on the economy, markets, investing and business.

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Entries Tagged as 'Asset Backed Securities'

Feeding The Beast – Countrywide is Hungry For Money Again

September 12th, 2007 No Comments

It doesn’t seem so long ago that the evils of CFC’s (Chlorofluorocarbons) were being vilified in the press. Today we have a different type of negative connotation to CFC’s (Countrywide Financial Corporation). Blamed for much of financial liquidity crisis and turmoil during August 2007 (they were just being greedily like everyone else, but they got [...]

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Feeding the Beast

September 12th, 2007 No Comments

It doesn’t seem so long ago that the evils of CFC’s (Chlorofluorocarbons) were being vilified in the press. Today we have a different type of negative connotation to CFC’s (Countrywide Financial Corporation). Blamed for much of financial liquidity crisis and turmoil during August 2007 (they were just being greedily like everyone else, but they got [...]

Tags:   · · · · · · · · · · · · ·