2010-08-03yahoo.com

"Countrywide Financial Corp. agreed to pay $600 million to settle shareholder lawsuits in the largest payout so far from the mortgage meltdown. U.S. District Judge Mariana Pfaelzer in Los Angeles on Monday gave preliminary approval to the agreement, in which the defendants admitted no wrongdoing."



Comments:

catherine at 00:46 2010-08-04 said:
CW should have paid alot more....................Tangelo even ramped up fake employment (didn't keep those people 90 days) when they were sinking just to make it look like they were doing fine so Tangie baby could unload all that stock............

what a slap on the wrist................ Permalink

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