"History is a wonderful thing, if only it was true"
-Tolstoy

Thursday, October 18, 2007

Sleeze... cont.

Looney Dunes: Sleeze: "Sleeze Digging into the practices of the country's largest mortgage generator."

Now the SEC is taking a look
Stock Sales by Chief of Lender Questioned - New York Times
"After starting a plan in October 2006, Mr. Mozilo twice raised the number of shares that could be sold: once in December 2006, when Countrywide stock was $40.50, and again in February, when it hit a high of $45.03. He has had gains of $132 million since starting the October 2006 plan and expects to sell his remaining shares by the end of the week, a move that will generate millions more."

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