What I like even better though it this note:
Countrywide is also one of many mortgage companies under criminal investigation by federal prosecutors over possible violations during the boom. It isn't clear whether these probes will produce charges. Criminal investigations require a higher level of proof than civil suits.
Yes they do, and I pray every night that prosecutors are convinced they can get a conviction.
I have repeatedly commented way back when Countrywide was still an independent company that Tanzillo's gaudy suits needed to have much wider stripes.
Perhaps we'll finally get to see him wearing something more fitting of a man of his character soon.
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http://market-ticker.org/archives/2009/05/14.html
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