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Friday, January 21, 2011

Angelo Mozilo Good For Another $4.0 Billion...

It appears that former Countrywide CEO and "friend" of congrisscritters is good for another $4.0 billion writedown.


leading to infamous quotes surrounding 'it's a liquidity problem, not a solvency problem'.

Where's the mash-up of the CNBC people who said that for weeks and weeks and called it 'business reporting'?

The Agony and the Ecstasy