Angelo Mozilo More Or Less Suggests Bank Of America Stock Up On Lube
Countrywide CEO Angelo Mozilo nearly started crying at the last CFC shareholder meeting. The salty discharge was overshadowed, comedy-wise, however, by the Moz's promise-- and he actually said this-- that Bank of America "will reap the benefits of what we have sowed." If that is not the greatest veiled threat EVER uttered, I don't know what is. And you know he wanted to continue with something like, say, "Those suckers don't even have a clue what they're in for. Seriously, the long-term effects, merely taking lawsuits into account, will be not unlike having a scalding hot poker violently inserted where the sun don't shine. [pauses for effect] They might as well have bought an asbestos company. In fact? Probably would've been better off doing so. Honestly, though, this deal is like getting a very expensive answer to the question, 'what does it feel like to be ass-raped for an eternity?' [shakes head at the thought] Anway, I see we have leaf cookies today, is that new? Man, I'm going to miss this shit."
At Countrywide's End, an Emotional CEO [BusinessWeek]