links for 2007-08-24

• Assurances on Buybacks May Cost a Lender – New York Times
  Expanding rapidly as the nation’s largest home mortgage company, Countrywide Home Loans quietly promised investors who bought its loans that it would repurchase some if homeowners got into financial difficulties.

  But now that Countrywide itself is stru

  (tags: Countrywide mortgage subprime meltdown housing economy disaster foreclosures)
• Gas stations owners sue Chevron, Shell – East Bay Business Times:
  Nearly two dozen gas stations owners sued Shell Oil Co., Chevron Corp. and Saudi Refining Inc., alleging the companies conspired to fix prices for 23,000 gas station franchise owners between 1998 and 2001.
  (tags: oil shell chevron gas+station price+fixing collusion)

~ by SAP on 24 August 2007.