5.11.2007

Still pimpin'

Months after newspapers, magazines, and TV programs across the country exposed the idiocy of pay-option ARMs, Countrywide is still pushing them.


This morning at the Countrywide office in the Civic Center.

I shorted CFC again today. It's back above $41, right back where it was before the subprime meltdown. It's the pig that keeps on giving.

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