21 October 2007

Countrywide CEO May Be Involved in Insider Trading

What, the CEO of Countrywidemay have dumped his stock when he got advance notice in violation of insider trading law???

Don't make me quote Claude Rains in Casasblanca.

Here is the CEO in an industry that has largely depended on a pump and dump mantality, and has increasingly relied on the ignorance of its customers for its business, and we are supposed to be Suprised when it turns out that there are indications that perhaps the senior management did not scrupulously follow the rules????

Well, knock me over with a sledge hammer.

0 comments :

Post a Comment