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Question
What do you think of this countrywide debt?
cusip- 22237LPA4 matures 3/22/2011 4% i bought this bond and hope bank of america aquires countrywide, becuase if they dont im in a little trouble.. you think it will default. i bought it at 92.50.. so when (if) it matures, i will be well ahead of the market...
4 months ago - 4 answers
Best Answer
Chosen by Asker
I don't think it will default. If anything, I would be more worried about inflation killing your yield.
by romeo
4 months ago
Asker's Rating: 
Other Answers
they will not default and they have now transfered all to countrywide bank
by golferwhoworks- 4 months ago
you seem to really know what you're talking about. Would you mind looking at my question. :D. please :( answers ...
by Happy-Miserable-Female- 4 months ago
bankruptcy is looming.
by Jock O- 4 months ago