I ended the piece—somewhat presciently, perhaps—on this note: " It may be a fair bet to expect this story to appear throughout the news cycle with increased frequency—and magnitude—as the week continues and the implications sink in." Today, Naked Capitalism ran a very interesting piece on the same subject. The Naked Capitalism article quoted in full a short Bloomberg News story, which I also quote below in full: "A Bank of America Corp. employee who said that Countrywide Financial Corp.'s policies were to retain mortgage notes later clarified her testimony in a New Jersey bankruptcy case, a lawyer for the company said.