iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,427 Blog Posts

Asshat of the Year Award: Angelo Mozilo

“How ’bout a year end Asshat of the Year Award?”

Angelo Mozilo, CEO, Countrywide Financial 

Oh, there were so many candidates, for “Asshat of the Year Award” in 2007, since there were so many asshats. However, I think it’s fair to say, Angelo “stole the cake,” ate it, then baked a new one.

Mozilo, not to be confused with Firefox’s “mozilla,” or former Met “Lee Mazzilli, is an asshat.

I refuse to explain the reasons as to why Angelo is an asshat. Just look at his stock, [[CFC]].

In short, men like Angelo fucked up the world, with their weak lending standards. Many people will lose their jobs and have their lives flipped upside down, thanks to the retard-in-charge at CFC.

Congrats to Angelo.

A true master in the arts of Asshattery.

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8 comments

  1. kmorph

    Guys, I want to mention CE again. It’s posed to move up on any bounce.

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  2. DPeezy

    A victory expected, but nonetheless satisfying.

    I wonder if they’ll post this on their ‘Investor Relations’ page…

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  3. tehdrunky

    why is the mvis presentation at ces invite only…?

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  4. kmorph

    how did you find out that it’s invite only?

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  5. asshat

    the dems demanded that more minorities be given loans, and not enough minorities even tried to get loans, so they had to track down guys on the street and give them money to sign a paper…
    Then after that, the minorities took their copy of the paper they signed, wiped their ass with it, then took the money and ran… and then meanwhile, the banks best customers said, “what the hell, they got a loan and you won’t give me more money?
    Then it trickled down, and everyone was giving everyone loans that they didn’t pay back

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  6. asshat

    by the way, next year you should do a top 10 list…
    Jim Cramer gets my vote so far,

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