Word: mortgagee
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Lewis looks out over the expanse of Central Park - a panoramic view he calls the most beautiful in the world - and describes the last time he exercised that skill. About a month ago, the CEO of Countrywide Financial, Angelo Mozilo, called him to ask for help. The beaten-down mortgage...
BofA agreed on Jan. 11 to buy Countrywide for about $4 billion in stock, acquiring Countrywide's $1.5 trillion loan portfolio along with its battered reputation and a swamp of lawsuits. You could almost hear the sighs of relief coming from Wall Street - not to mention the Treasury Department and...
Paulino Cubero, the unemployed 52-year-old who won the content, had said he wrote the words "for the nation of average people who take the subway to work and pay their mortgages." But even subway riders and mortgage payers, it seems, are critics. Announcing the recall, Spanish Olympic Committee...
Clinton's strategists realized she was telling voters too much about what she had done for them, while Obama was talking about what he would do for them. Voters don't like being told, You should support me because you owe me. She began taking more questions, which was a...
This fall, as Boris R. T. Van ’08 considered his post-graduation employment plans, Citigroup—where Van had worked this summer and had an offer to return—was in the process of ousting its CEO and announcing at least $8 billion in writedowns...