Countrywide Financial – “It is done!”

Pros

Countrywide's stock has been described as the "23,000% stock" by Fortune magazine. Between 1982 and 2003

For year-ending Dec 31, 2007
Total Assets: $211,730,061

Cons

In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006 Countrywide financed 20% of all mortgages in the United States, at a value of about 3.5% of United States GDP, a proportion greater than any other single mortgage lender.....

Advice to Senior Management

Between 1982 and 2003, Countrywide delivered investors a 23,000.0% return, exceeding the returns of Washington Mutual, Wal-Mart, and Warren Buffett's Berkshire Hathaway. Where are you all now GODZILLAS?