[Still Thinking]

Eugene Lawson reminds me of Anthony Mozillo, the CEO of Countrywide Financial. He made it a point to figure out how to make home mortgage loans to those who were unworthy. He never seemed to realize that making loans to those who could never hope to repay them was only setting the poor into bankruptcy.

More likely just didn't care. The market has gotten distorted enough so the consequences for bad or short sighted decisions fall upon others, so what the heck?

[MtnClimber]

I made a mistake in my post. It is Angelo Mozilo not “Anthony Mozillo”. No coffee before posting, but the basic message is understandable.

This is the same liberal supporter Angilo Mozilo who had the “Friends of Angelo” financing to offer great rates to liberals like Christopher Dodd. The stockholders got the shaft when his libtard social engineering plan failed.