In court papers, Aegis listed more than $100 million of assets, and estimated it owes more than $600 million to creditors. The latter included $178 million of unsecured debt owed to Madeleine LLC, a Cerberus affiliate that has an 80.9 percent equity stake, the papers show....
According to the bankruptcy filing, Aegis' largest unsecured creditors included affiliates of Morgan Stanley and Countrywide Financial Corp, among others.
8.14.2007
The hits just keep coming
Man, this is beautiful. Countrywide didn't just make bad loans to real estate speculators; they also made bad loans to other bad lenders:
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Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
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UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
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