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Ex-leaders at Countrywide Start Firm to Buy Bad Loans

 
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melonrightcoast



Joined: 22 Feb 2009
Posts: 236
Location: metrowest

PostPosted: Wed Mar 04, 2009 1:43 am GMT    Post subject: Ex-leaders at Countrywide Start Firm to Buy Bad Loans Reply with quote

Read this article and please let me know if I am the only one that thinks it is NOT OK for banking/S&L executives to continue to make profits on BAD MORTGAGES!!! And now they are using OUR TAX MONEY to do it!!

Am I reading this article correctly?! Shouldn't these former executives be working for free behind bars to fix this mess??!!

http://www.nytimes.com/2009/03/04/business/04penny.html?pagewanted=1&hp
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