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Archive for the 'Countrywide' Tag

Countrywide’s multiplier effect…

Monday, June 2nd, 2008

It’s been a few months since we last checked in on the sex party house a stone’s throw away from where I used to live in Holmes Beach, Fl. that we first footnoted last November. The house, which was once listed at $1.8 million and which Countrywide Financial (CFC), which is set to be acquired [...]

A Florida scouting report…

Tuesday, February 12th, 2008

Pitchers and catchers start reporting to spring training tomorrow, so I decided to do a bit of scouting of my own. On Friday, I headed back down to Anna Maria Island in Florida to get some much-needed sun and check on the foreclosure situation first-hand. First stop? Countrywide’s (CFC) sex party house, which I first [...]

Breaking: Looking for more mice…

Thursday, January 17th, 2008

On Tuesday, we footnoted about how the House Committee on Oversight had invited the Three Blind Mice — that would be Countrywide (CFC) CEO Angelo Mozilo, former Merill (MER) CEO Stan O’Neal and former Citi (C) chief Chuck Prince — to appear before Congress on Feb. 7 and explain their hefty compensation packages. Today, the [...]

Letting it all hang out now…

Monday, January 14th, 2008

On Friday, Bank of America (BAC) announced that it was acquiring Countrywide Financial (CFC) in what is either a fire-sale price of $4 billion, or still too much, based on the problems Countrywide faces. My bet is on the latter and that this will prove to be ADD — another dumb deal. As footnoted regulars [...]

And the worst footnote of the year is…

Monday, December 31st, 2007

Last week, I asked footnoted.org readers to vote on the worst footnote in 2007. While I had picked it on my own in the past, I figured in this age of social media, it made more sense to put it out to a vote. Just over 600 people voted and it wasn’t much of a [...]