Showing posts with label yes I'm short CFC. Show all posts
Showing posts with label yes I'm short CFC. Show all posts

September 04, 2007

FLASH: Countrywide Financial hires "Chief Risk Officer". Hopefully he negotiated a nice severance package.


Bad Career Move Hall of Fame candidate for sure... And a sure funny one to have to explain one day to a potential new employer....

"Yup, I was their risk officer. Yup, when they ENRON'ed. Yup, I should have seen it coming too. Yup, their CEO was dumping the stock while the company bought back shares. Yup, I'm a total idiot"...

Countrywide Financial names chief risk officer

NEW YORK, Sept 4 (Reuters) - Countrywide Financial Corp named Jess Lederman as chief risk officer on Tuesday, as the largest U.S. mortgage lender confronts a slumping housing market.