Friday, October 19, 2007

Countrywide "Angelo Mozilo It Looks Bad"

Countrywide's leader (CFC) must have been served by a Wells notice about his stock option activities. About time SEC, where have you guys been?

Angelo assuming that you have not broken any laws or regulations do you have any idea how bad this looks to investors and stakeholders? The captain of the ship seems to be getting into his own luxury escape pod.

I have seen the video clip from CNBC where you claim that in the twilight of your career you should be selling. Bah Humbug Retired people need to continue investing. When you sell in these great quantities you are making a raw uncensored investment comment about the stock that you have the best insight into.

Get a lawyer and buckle up.