Panic set in for some southern Californians who rushed to Countrywide Banks today to withdraw their savings in cash. All the mania due to the potential for the banks parent company’s (Countrywide Financial Corp.) to file for bankruptcy protection in the coming days or weeks.
A couple of the higher-profile folks in line to collect their cash included a former LA King’s hockey player and the president of a Countrywide competitor in Irvine, Impac Mortgage Holdings.
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