I've seen two interviews, and I think that statement is absurd.
See post 12, it seems he is saling his stock in the company.
I’ve seen at lest two interviews. He did not sound enthusiastic about the future. In the last week or so, Countrywide Mortgage has borrowed the entire $11.5 million credit line available; and just got a $2 Billion infusion from BoA. You don’t think they have serious problems?
Countrywide Mortgage has huge overhead expenses in staff and brick and mortor that they can no longer support based on the level of its current business. BK is the only viable option to avoid get out of the leases on all their locations, or the ones they want to close.