2008-01-12blogspot.com

'The deal for Countrywide is seen as a move that could help avert one of the biggest collapses in the U.S. housing crisis. "I would not be at all surprised to see another half-a-dozen (similar transactions), I would not be at all surprised to see more (subprime) write-downs," said Jim O'Shaughnessy of O'Shaughnessy Asset Management.'



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