The Washington Independent

Posts Tagged Countrywide Financial

Ex-Countrywide Execs Making Money Off Misery They Created

By | 03.04.09 | 10:32 am

Yves Smith at Naked Capitalism has a great take on a story making the rounds on the Internet today, a New York Times piece on former Countrywide Financial executives cashing in on distressed mortgages. Obviously, this is very rich, considering Countrywide once stood as the nation’s largest subprime More…

Bush and the Financial Crisis: Blame God, Not Me

By | 01.13.09 | 7:10 am

Floyd Norris of The New York Times picks up on President George W. Bush’s myopic views of the nation’s worst financial crisis since the Great Depression, expressed as part of that valedictory news conference Monday. Personally, I was struck by Bush’s flippant comment that he came in during More…