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Mozilo, Countrywide and Personal Financial Management
A few weeks ago a gentle reader wrote in with some interesting stats about Mozilo really standing behind his firm. I haven’t verified the figures but this guy is pretty good at math.
any guesses on a) how much countrywide mozilo sold since june 06 and b) how much he still holds?
according to yahoo finance, he sold ~$350M over that period. he currently holds a whopping $7.5M. that’s faith in the company and the industry.
This led to a discussion of whether this might have constituted…