Equalizer I agree with you… The whole deal stunk to me and I… I hate to think about these sorts of deals in a bad light but I cannot help but picture Paulson, Bernanke and the head of BofA in a back room somewhere with Mozillo on a conference call working the whole thing out.
I am sure it did NOT play out like that but at the time of the deal it just seemed like there was absolutely no compelling reason for BofA to go for this deal. Not with the waste that Countrywide had… no way… Just my paranoid delusional opinion… I still think a taxpayer suppied bone is in the future…
I mean why not, we are bailing everyone else out right?
