Investing in businesses in the stock market is riskier business than you realise. The American standard accounting practices hide a multitude of sins from the unsavy investor. Companies like Enron, Countrywide Financial and GMAC can be huge titans one day with seemingly positive and healthy balance sheets and gone the next in a sea of [...]
Entries Tagged as 'Countrywide Financial'
Impending Disaster for GM and GMAC
December 10th, 2007 No Comments
As 2005 drew to a close I predicted it was the height of the Real Estate bubble, in May 2007 I predicted Countrywide Financials (CFC) impending sub prime implosion. In July I started to forecast the Real Estate/ Subprime/ Conduit effect and now I make my prediction for 2008 – the companies to watch, are [...]
Tags: bank wince · Chrysler · Citigroup · Countrywide Financial · GMAC · Jonathan Rose · prior car · USD
Liquidity Crisis – A Little Reflection Gives Compelling Answers – Ignore at your own Peril
September 9th, 2007 No Comments
The media shouts of a liquidity crisis and the financial markets are in turmoil, the terrible words recession and depression are being uttered by many and people are drawing upon similarities between 2007 and the former stock market collapses of 1987, 1929 and the recessions of the early 1930’s, 1970’s, 1990’s, 2000’s . The question [...]
Tags: Alan Greenspan · America · bank failure · bank/ · Ben S. Bernanke · Chairman · Countrywide Financial · depression · Dow 30 · Fed Easing · Federal Reserve System · George W Bush · Iraq · Joint Strike Fighter · Jonathan Rose · JSF · media shouts · medium sized banking institution · Private · Real Estate · real estate bubble · real estate bubble growing · Staples · The media shouts · United States · USD · war gas · Warren Buffet
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