benefits

Remember when Bank of America bought Countrywide in 2008 and CFC Chief Executive Officer/Oracle Angelo Mozilo said they wouldn’t be sorry and it wouldn’t be long before BofA would “reap what Countrywide hath sowed“? He wasn’t kidding and now, finally, BAC and Ken Lewis, the guy who had the foresight to do the deal, are having their vision and skills recognized. Read more »

Remember, back in ’08, when Angelo Mozilo cried while telling a bunch of Countrywide shareholders that Bank of America, which had just bought the place, would “reap the benefits of what we have sowed“? Obviously that was was Moz-Speak for “you’re about to find out what it’s like to be forcibly sodomized for all eternity,” but at the time, some people wanted to give him the benefit of the doubt. Maybe he was leaving some neat stuff behind, like buried treasure or something. We now know that, actually, one of the things that the home lender had been “sowing” for a number of years was the basis of a Department of Justice investigation into the fact that the company made it a policy to dick over Hispanic and black people, one of the many gifts Brian Moynihan has been unwrapping since he took over. Read more »

  • 18 May 2010 at 4:40 PM

Gird Your Loins, Jim Chanos

This Memorial Day in Bridgehampton, Kynikos founder Jim Chanos will be honored for his contributions to Miracle House, a charity “a charity that helps caregivers and patients who come to New York in search of medical treatment.” This is lovely and Jim is very generous. That’s not what we’re here to talk about. What we’re here to talk about is the host, LuAnn de Lesseps. The artist formerly known as “The Countess” is a cast member of the New York edition of Real Housewives. Except that LuAnn is no housewife, having divorced her husband, THE COUNT (pictured at left with his former lady), last year. (I’m not proud that I watch this show but I’m not embarrassed either.) LuAnn started off this season on the prowl and now she is getting desperate. Last week she went on a date with a guy named Courte who has who has highlights. She’s also looking for a place to bunk in NYC, having lost the UES townhouse in the settlement and being relegated to the Hamptons home. And, and I feel terrible for judging a reality show housewife by her cover, but I’m thinking she might be looking to land a rich guy. Finally, and most importantly, she’s trying to get her music career off the ground. Jim, we’re warning you because we care. Read more »