« Mortgaging Semantics | Main | How did we get here? »

March 30, 2008

BK Countrywide and get $19million

Countrywide Financial Corp.'s  has sold to BOFA. So Angelo Mozilo who is considered by many the chief architect of the Housing Crisis, will get $19 million in stock next week as part of the takeover by Bank of America Corp.

"It's perverse for Bank of America to reward the principal architects of the bad business practices that caused this housing crisis," Sen. Charles Schumer.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c98e553ef00e5519a7b7d8834

Listed below are links to weblogs that reference BK Countrywide and get $19million:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Real Estate Resources

Categories

Real Estate Blogs

New Orleans Real Estate and news

Connecticut Home for Sale

Real Estate San Diego

Brigantine real estate blog

Twitter Updates

    follow me on Twitter

    .