[Porsche-O-Phile]

Better?

For who? Not the taxpayers apparently.

Seems to me Countrywide was one of the worst offenders by constantly promulgating the culture of "liar loans" and other subprime junk. There used to be a running joke that if you couldn't get financed anywhere else, "there's always Countrywide!"

I don't know about you guys closer to the industry, but everyone I spoke with treated them as kind of the "D-grade" credit card company (you know the ones that "offer" 29.9% APRs?) of the mortgage industry. . .