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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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... -
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ...
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