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Countrywide CEO Walks Away With $36 Million Bonus After Creating Current Foreclosure Crisis


Business  (tags: corporate, ethics, finance, money, americans, foreclosure, homes, bad credit mortgages, performance )

Lara
- 4167 days ago - reuters.com
Bank of America bought Countrywide after they couldn't keep up with the foreclosers they caused. Countrywide, the nation's largest home lender, has been hit hard by the U.S. subprime mortgage crisis shaking financial markets worldwide, with homeowners



   

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Comments

Ariel H (46)
Friday January 18, 2008, 9:36 am
Thank you for posting this....Is Hillary the only one paying attention to what is going on??
I believe she really is an advocate for the everyday person.
 

Estella Ameigh (22)
Friday January 18, 2008, 2:34 pm
What ever happened to all the regulations to protect the consumer from these shady business practices.
Why should anyone be allowed a profit from a shady deal. They have mislead so many people and so many
are out of their homes as a result. SHAMEFUL!!!!!!!!!!!!!!!!!!!!!!
 
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