Showing posts with label dump shares while company buys them back. Show all posts
Showing posts with label dump shares while company buys them back. Show all posts

September 08, 2007

HousingPANIC's "Angelo Mozilo Stupid Quote of the Day"


``It was impossible to anticipate the credit crisis we've seen on a worldwide basis"

- Countrywide's Angelo Mozilo, after dumping $425,000,000 of CFC shares, either lying, or who must not have had access to HP, Contrarian Chronicles, Peter Schiff, Robert Shiller, The Economist or hundreds of other sources who predicted EXACTLY what we're seeing today.

(Yes, I'm short CFC, and thanks to an HP'er for the new Mozilo get-up!)