Pumps' Perplexities

A top executive of this company, which will lay off some
12,000 employees soon, has the nerve to say that this is,
"The most severe time in the contemporary history of
our industry.".....His "industry" is the sub-prime
mortgage lending business......

Countrywide Financial, along with others, is one of the
main "players" in the mortgage business which has
lead to the current problems......They caused this so
called "severe time" and now they are crying.......

Once again greed and the desire to make a "quick buck"
has effected the US economy......

What really gets me is that when these "big shots" make
a mistake and lose money they start to cry like little
kindergarten children......Perhaps that is all they were
in the first place......Pumps