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Countrywide CEO Finds Struggling Homeowners “Disgusting”

I don't see how CFC forced anyone to take out these loans. Maybe they were the vehicle, but most of these people either a) were to greedy and saw cheap money signs without reading the fine print or b) using their house as an ATM machine to continue living beyond their means. Either way had it not been CFC it would have been someone else.

What needs to happen is for people to realize what they can and cannot afford. The government may need to step in with some form of lending reform. And companies need to do a better job of managing risk.

I have to say I am a little tired of everyone saying it was all the fault of the financial industry. Last I looked at the Arthur Murray catalog - it sure does take two to tango.

Vineyard National Bancorp: All The Characteristics of a Contrarian Play

I would disagree with your assertion that it regularly raises it's dividend. The dividend has been .08/q for the 9 quarters. The only reason it shows differently in the yahoo dividend history is that they adjusted for the 5% stock dividend last year.