Countrywide
Bank Of Countrywide Lynch and Citi in Full Panic Denial Mode
Submitted by Tyler Durden on 02/20/2009 18:54 -0500Both out with rose-colored releases to CNBC: Citi claiming its capital base is strong and it continues to streamline business (coach class tickets likely to be verboten as well soon), while BAC claiming there is no reason to nationalize a bank that is profitable, well-capitalized and has the coolest office furniture this side of Sir Stanford's corner office cum cricket field.
Some other pessimism porn:
Bank of Countrywide Lynch Layoff Update
Submitted by Tyler Durden on 01/23/2009 14:20 -0500Yesterday all of the F/X research desk
Today virtually all the F/X sales and traders
