money.cnn.com — The mortgage lender's employees say the value of retirement accounts plummeted by millions as the company's stock fell. Some Countrywide Financial Corp. employees sued the mortgage lender Wednesday, claiming they suffered heavy losses in their 401k retirement accounts after the company failed to warn them about the depth of its financial troubles.
Sep 12, 2007 View in Crawl 4
Closed AccountSep 13, 2007
Wtf does this have to do with Enron? God some people are dumb...
godfreyfolsomSep 13, 2007
seriously, folks - does no one know the word "diversify" anymore? if you can't manage your OWN retirement, what in the hell are you doing with my mortgage???
declawedpawSep 13, 2007
Company = Employees. To have the same employees who are pushing sub-prime loans complain that they didn't know what what going on is disgusting. They knew. They were the ones doing it.
catalysisSep 13, 2007
Good mutual funds are always a safer investment because they are properly diversified.
y0tsuyaSep 13, 2007
My coworkers can't understand why I don't put much money into our ESPP plan. Free 15% they say. But that comes with too many strings attached so I'd rather buy the stock on the open market without restrictions.
fearnloathingSep 13, 2007
We all know that cash rules everything around us; cash, green, get the money, dollar dollar bill ya'll. That's why its time to enter the 36 chambers, and step to the Wu.You need to diversify yo bonds, gentlemen.
po0pSep 13, 2007
f**k Countrywide
tfhehirJul 1, 2008
Mortgage giant Countrywide Financial has been exposed for implementing unlawful and overly aggressive lending practices. Naturally, Americans expect that such infractions should not go unpunished by government, however Countrywide?s CEO Angelo Mozilo may escape with just a slap on the wrists, as many states do not have laws to protect mortgage consumers. This is no excuse, however, for these abusive practices. Don?t allow powerful heads of corporations to escape the legal system, while making money and laying off employees. Vote in Corporate Accountability International?s Corporate Hall of Shame. Google it today!!
alwaysawakeJul 2, 2008
The next devastating "Trojan Horse" scandal to surface soon, is that nearly all, if not all government and private pension funds are grossly underfunded, and the "wealth" is already gone, leaving zero payouts for the participants. Swallow the truth now, or be "shocked" later. Your "money" has been stolen by The Rothschilds, and their sociopath super-rich minority partners in The One World Company, represented in the US by their Federal Reserve System of Banks, and the foreign corporation money laundering and collection agency we call the Internal Revenue Service, neither of which is accountable to any branch of the US government.
elgstrJan 17, 2009
It was the mortgage fraud that the Countrywide employees did that got us into this recession.Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo are simple, undereducated, preaching buffoons. They are half a baby step away from the homeless people who babble to themselves in the street. They may well be insane, it's hard to tell without seeing them in person. Just stop. Stop embarrassing yourself and go away. Far away. Far away where the rug Czars, pedophiles, mortgage fraudsters and cross dressers run free and chase butterflies in fields of sunflowers. Go be with the Drug Czars, pedophiles, mortgage fraudsters, and cross dressers, Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo. Let them pet your head and tell you the truth. Now go Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo, be free, be with your people. Run along sweet cheeks, run along. Good boy, good girl, good....?Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo, you lookin' at me? You look' at me? Are you lookin' at me?" It's awesome. Not only are they dumb, they?re totally looped. Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo you can't hide what you are and what you do. You are a bunch of sanctimonious psycho pricks. I think Bristol Palin?s retarded fetus is more qualified to be in charge of or working at Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo than those currently are. Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo, are you trying to out-stupid yourself?! If so, mission accomplished boys and girls!! Go treat yourself to a Nazi pie! Bank of America, Countrywide Home loan, National City Mortgage, and Wells Fargo, if you send me a postage pre-paid 3 x 3 x 3 box, I'll mail you the s**t Eleanor and Gertrude produced on your head-up-your-ass illegal unethical stupid asinine fraudulent mortgage documents. I can also send you a clump of their urine (complete with litter) if you like. Next person to call these dumb, crazy pricks a dick will get a -1 on their comment from me. Take that, potty mouths.The home loan lenders and fraud caused the collapse. Read Craig B.?s <a class="user" href="http://reno.broowaha.com/profile.php?id=1516">http://reno.broowaha.com/profile.php?id=1516</a> Among Us exposes,<a class="user" href="http://www.google.com/cse?cx=partner-pub-4112622850374470%3Ayphad4qj2vd&amp;ie=UTF-8&amp;q=craig+b,">http://www.google.com/cse?cx=partner-pub-411262285 ...</a>Is Your Lender A Patriot Or Terrorist? <a class="user" href="http://www.broowaha.com/article.php?id=3462,">http://www.broowaha.com/article.php?id=3462,</a> Just Do The Required Home Loan Modification <a class="user" href="http://www.broowaha.com/article.php?id=4070,">http://www.broowaha.com/article.php?id=4070,</a>and Why is Countrywide NOT doing the REQUIRED loan modifications? <a class="user" href="http://www.babelation.com/?q=node/1549.">http://www.babelation.com/?q=node/1549.</a>El G