August 23, 2007
Man, I'd check my watch after shaking hands with that cat.
Meanwhile, Maria sure is a softball tosser.
What questions would you ask Mozilo HP'ers? I'll see if he'll give us an interview. He he he.
Interesting to hear him say that CFC can't go to the Fed discount window because if I heard him right, THE BANK HAS NO ASSETS or access to Countrywide Home Loan assets.
Break that one down HP'ers. And yes, I'm short CFC. Nice to see the market call BS on this blatant pump and dump today.
Mozilo also called the Merrill analyst who reported that CFC might go bankrupt "irresponsible" who was yelling fire in a crowded theatre, and who (sob sob) negatively effected 61,000 Countrywide employees. Angelo, Angelo, Angelo, don't blame the messenger. Blame yourself for giving loans to liars while selling hundreds of millions of dollars of your sinking ship.
Angelo Mozilo - the new posterboy for greed, housing bubble style. Will he go the way of Ebbers and Lay? Time will tell.