2009-04-23 — marketwatch.com
``If his testimony is correct, the story seems to vindicate Lewis, in part, for his decision to go through with the deal. One could argue Lewis should have called Paulson's bluff, but when you're facing two regulators threatening your job and your bank, well, one can't blame Lewis for taking the escape route offered to him.''
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NCmtg at 06:22 2009-04-24 said:
How is this vindication? He sold out to keep his job. According to this he KNEW the deal was bad and would hurt his company, the employees and shareholders. Yet he went on with it in order to save his own job. Well, at least for another year or two... until they go bankrupt or are nationalized. Way to sink the company to save millions in compensation for yourself. Makes you wonder why he really bought Countrywide. Permalinktaps65 at 14:12 2009-04-24 said:
This post is perfect for a new website called Implode-O-Ceo, we already have 1 to start with. Permalinkadd a comment | go to forum thread
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