“Countrywide said it planned to fund more mortgages through Countrywide Bank and have the bank invest in certain loans that Fannie Mae and Freddie Mac won’t buy, such as “jumbo” mortgages, which in California are defined as those over $417,000.”

Can you believe the hubris of these a$$hles. They plan to loot the FDIC insured bank to continue business as usual. How much junk to you think they are going to strap Conutrywide Bank with?