December 3, 2007

Countrywide CEO says bankruptcy not an option (Reuters)

The Countrywide bank is seen in Lakewood, Colorado, September 11, 2007. Countrywide Chief Executive Angelo Mozilo said on Monday he doesn't expect the largest U.S. mortgage lender to file for bankruptcy protection, saying the 'elements are certainly not there.' (Rick Wilking/Reuters)Reuters – Countrywide Financial Corp
Chief Executive Angelo Mozilo said on Monday he doesn't expect
the largest U.S. mortgage lender to file for bankruptcy
protection, saying the "elements are certainly not there."

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