Countrywide Fraud
Again Countrywide made front page in the paper, however this time they are the heroes they were made out to be in their last story. It is amazing that not only do they take advantage of the American people but now they are being rewarded for it and still making a crap load of money. Sure they may have to pay out some money for what they have done,
Countrywide Settles Predatory Lending Charges for $8.68 Billion
But the fact of the matter they are still rolling in the dough and still allowed to conduct business and still getting money from the government. It seems the economic crisis has exposed many greedy scamsters yet they are able to hide out on their private island, or remain on house arrest in their luxurious condo or in Countrywide’s situation simply buy themselves out of trouble.
