Countrywide

Things are looking pretty narrow for Countrywide, jack. Now that Bank of America (BOA for short, and yeah ... it's appropriate that the bank acronym is a kind of snake) has bought out Countrywide, they are giving the ax to 7,500 of CW's staff. It’s just about the final nail in the coffin, and all because they were loaning a bunch of dough to subprime borrowers. Before you know it, their whole deal blew apart like a house of cards in a windstorm.

Debt can bring down even the billion-dollar companies, baby. It's like a bunch of anchors on a sailboat ... too much of either one will sink you. Debt may give you a quick taste of the "good life", but then it bites you in the backside 10 times as hard. Think I'm full of it? Ask Countrywide. Think I'm wrong? Try it yourself.

Stay away from debt. It brings problems, not prosperity. Catch you on Monday, suckers.

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