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investors

Countrywide CEO Steps Down, Cashes In and Leaves a Trail of Destruction

by Moe Bedard

Countrywide CEO, Angelo Mozilo is set to officially step down from his position Tuesday and hand over the keys to Bank of America. Ending a 4 decade long run where Countrywide went from a small fish start up in 1969 to the king of ther lending sea as the nations largest lenders and servicer today.
 
Angelo Mozilo went [...]

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Boiler Room 2.0 – Investors Press Lenders on Bad Loans

by Moe Bedard

Two bad loans go around the outside, around the outside, around the outside……………………
Two fraudulent loans go around the outside, around the outside, around the outside. Now, dosie doe your investor.
Looks like investors have finally got hip to the fact that they bought a bunch of fools gold on Wall Street.
Imagine that? These gigantic investment brokerages [...]

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