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Countrywide Capital V (New) 7.0 Message Board

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  • valueguy66 valueguy66 Sep 18, 2011 8:20 AM Flag

    Now an Excellent Buy and Dividend

    You may want to scroll down to the 9/16/11 news article " Countrywide bonds a better bet than BAC stock": anaylst.The analyst says that Cwide debt is a direct obligation of BAC" and would not be affected by a Ch 11 filing. CFCPRB is countrywide debt and he recomends buying it since it yields 100 basis points more than it's BAC equvivilant.Also I should add that CFCPRB is senior to Buffet'sBAC preferred stock investment in the pecking order.

 
CFC-PB
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