Get used to more pictures like these as the whole Housing and Mortgage Ponzi Scheme unravels

March 08, 2008

Get used to more pictures like these as the whole Housing and Mortgage Ponzi Scheme unravels

20 comments:

Anonymous said...: I am reminded of a similar scene with the tobacco execs who said, "I FIRMLY SWEAR AND BELIEVE SMOKING DOES NOT CAUSE CANCER."; March 08, 2008 10:13 AM
edd browne said...: Tangello gives the sign that he's
loyal to Rainbow Posse, so he'll have protection at San Quentin.

(Unless he foreclosed on
eMe-13's clubhouse.); March 08, 2008 12:53 PM
Anonymous said...: If they'd stretch their hands out a little more, it'd be the Nazi salute!; March 08, 2008 12:56 PM
Miss Goldbug said...: Oramge man looks alittle concerned... or is that guilt???; March 08, 2008 3:18 PM
Anonymous said...: Reminds me when Big Tobacco was lined up.....

I would like to make each one of these guys a cruise missile test pilot.; March 08, 2008 3:51 PM
Anonymous said...: Damn, that's a lot of crooks in one photo.; March 08, 2008 4:22 PM
Anonymous said...: FBI Investigates Countrywide

By Glenn R. Simpson and Evan Perez

WASHINGTON -- The Federal Bureau of Investigation is probing subprime lender Countrywide Financial Corp. for possible securities fraud, according to law-enforcement officials and finance-industry executives.

The inquiry involves whether company officials made misrepresentations about the company's financial position and the quality of its mortgage loans in securities filings, four people with knowledge of the matter said. It is at an early stage, they emphasized.

"We are not aware of an investigation being conducted by the FBI," Countrywide spokeswoman Jumana Bauwens said in an e-mail. A spokesman for Bank of America Corp., which is in the midst of acquiring Countrywide, declined ...; March 08, 2008 4:49 PM
Anonymous said...: Looks like he said Nannu Nannu.The parted pinky is a dead give away.
shakster; March 08, 2008 5:10 PM
Anonymous said...: So the orange one is also a short little bastard.; March 08, 2008 8:46 PM
Comment America said...: Keith, I vividly remember the day Mozilo said CountyWide was like a top-conditioned athlete. Investors knew CW was rotting, and short sellers were placing bets that CW would go down. Then he pulled that phrase destined to go down in history as one of the biggest whoppers of a lie ever told.... CW is like a top-conditioned athlete.

Of course CW share went up, smart investors who shorted CW got screwed (investors that still thought there were rules on Wall Street). And Mozilo dumped his pumped shares.

This statement alone should be how he is judged. Check this out for some HP nostalgia:

http://tinyurl.com/35x3qj; March 08, 2008 8:47 PM
Anonymous said...: http://money.cnn.com/2008/03/08/news/companies/countrywide_FBI/index.htm?section=money_latest; March 08, 2008 9:35 PM
Anonymous said...: Executives at the top say:

Fuck you sheeple.

Deal with it SUCKERS.

HAR HAR HAR; March 09, 2008 1:28 AM
Anonymous said...: At money.cnn.com
"Countrywide reportedly under FBI investigation - The troubled home loan servicer is being probed by Feds for using fraudulent lending practices, financial reporting."
under
http://money.cnn.com/2008/03/08/news/companies/countrywide_FBI/index.htm

Who knows? Maybe, we'll see Angelo soon showing off his orange clothes.; March 09, 2008 5:22 AM
Anonymous said...: Hey Keith, you're going to love this:

FBI begins criminal inquiry into Countrywide: paper

NEW YORK (Reuters) - The FBI has begun a criminal inquiry into the largest U.S. mortgage lender, Countrywide Financial Corp, for suspected securities fraud as part of investigations into the mortgage crisis, The New York Times reported in Sunday editions.

Citing unnamed government officials with knowledge of the case, the Times said the investigation into whether Countrywide misrepresented its financial condition and the soundness of its loans in securities filings was at an early stage and it was not clear if any charges would result.

http://tinyurl.com/3eyzul; March 09, 2008 5:50 AM
Anonymous said...: What's with the red ties? I think something in hemp would be more appropriate.; March 09, 2008 4:43 PM
Anonymous said...: Whoever sold orang man that suit had a real sense of humor.

Look at the cuff details.

All this from a muliti-millionaire.

His next gig: Wonder drug thalidamide for pregnant women and a miracle orange pill for year roung jaundiced look... Sold exclusively through Countrywide Mortgage stores...; March 09, 2008 6:07 PM
Anonymous said...: Anyone made the connection that Countrywide's headquarters is located in Calabasas which means "pumpkin"? Maybe that explains why he's the Orange Man. Knock, knock, trick or treat?; March 09, 2008 6:10 PM
Anonymous said...: More crooked than a
Barrel o' Snakes?; March 09, 2008 7:43 PM
Anonymous said...: I confess that i watched each of their opening remarks...these assbiscuits feel they are still heroes and victims:
Prince: I was the first member of my family to go to college.
McNeal: My grandfather was a slave.
Mozilo: I started this company with nothing.

You can't make this sh*t up!!!!!; March 10, 2008 3:25 AM
Anonymous said...: People complain that there's not enough diversity in the workplace so It's nice it's nice to see visible minorities among this group.; March 10, 2008 5:31 PM