The Bottom Line
Countrywide Financial, the No. 1 U.S. mortgage lender, will cut another 900 jobs as it scrambles to deal with the credit and housing slump. The cuts will primarily be in the company’s mortgage production units. (Reuters)
The week in 60 seconds
The hoax that backfired
The coming crisis
A high school valedictorian had his mic cut off mid-speech for criticizing the administration
Joe Biden reportedly got into a tiff with financier Bill Ackman, called him a 'wiseass'
The White House barred cameras from today's press briefing so all you get is this sketch