5.15.2007

REO Speedwagon

In keeping with the recent Countrywide bashing, let's take a look at Countrywide's growing Real Estate Owned (REO) portfolio. Dumb loans gone bad.

Uh-oh.

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CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...