eponymousLTC's Comments eponymousLTC's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/24787/comments A Look at Downey Financial's 2007 Earnings http://seekingalpha.com/article/61381-a-look-at-downey-financial-s-2007-earnings?source=feed#comment-112605 112605 Thu, 24 Jan 2008 10:23:36 -0500 It's Ugly Out There. What's Washington Waiting For? http://seekingalpha.com/article/60816-it-s-ugly-out-there-what-s-washington-waiting-for?source=feed#comment-111717 111717 Sun, 20 Jan 2008 14:00:06 -0500 'ScareWare': A Sure Sign Apple Is on the Right Track http://seekingalpha.com/article/60582-scareware-a-sure-sign-apple-is-on-the-right-track?source=feed#comment-111114 111114 Thu, 17 Jan 2008 12:51:21 -0500 US Bancorp Is Whistling Through the Graveyard http://seekingalpha.com/article/60361-us-bancorp-is-whistling-through-the-graveyard?source=feed#comment-110707 110707 Wed, 16 Jan 2008 08:05:27 -0500 Apple Tumbles During 'Disappointing' Stevenote http://seekingalpha.com/article/60277-apple-tumbles-during-disappointing-stevenote?source=feed#comment-110637 110637 Tue, 15 Jan 2008 18:33:10 -0500 Dendreon Suffers from Immature Management http://seekingalpha.com/article/59982-dendreon-suffers-from-immature-management?source=feed#comment-109980 109980 Sun, 13 Jan 2008 13:54:25 -0500 KB Homes Betting On Countrywide Just As Market Kills It http://seekingalpha.com/article/59613-kb-homes-betting-on-countrywide-just-as-market-kills-it?source=feed#comment-109299 109299 Wed, 09 Jan 2008 20:26:58 -0500 Staunch Government Intervention Needed to Avoid Full-Blown Depression http://seekingalpha.com/article/59423-staunch-government-intervention-needed-to-avoid-full-blown-depression?source=feed#comment-108940 108940 Tue, 08 Jan 2008 10:58:43 -0500 Can a Fed Move Stop the Debt Supercycle? http://seekingalpha.com/article/59087-can-a-fed-move-stop-the-debt-supercycle?source=feed#comment-108780 108780 Mon, 07 Jan 2008 15:13:42 -0500 E*Trade, Wells Fargo and Downey: 'Subprime' Problems With Prime Loans http://seekingalpha.com/article/56125-e-trade-wells-fargo-and-downey-subprime-problems-with-prime-loans?source=feed#comment-103887 103887 Mon, 03 Dec 2007 16:59:40 -0500 WSJ's Merrill Lynch Snafu: MSM Authority Takes A Hit http://seekingalpha.com/article/55349-wsj-s-merrill-lynch-snafu-msm-authority-takes-a-hit?source=feed#comment-103166 103166 Tue, 27 Nov 2007 09:35:50 -0500 "Is This Any Way To Run A Modern-Day World Economy?" http://seekingalpha.com/article/50688-is-this-any-way-to-run-a-modern-day-world-economy?source=feed#comment-99284 99284 Sun, 21 Oct 2007 12:23:31 -0400 Countrywide Financial Preparing a PR Blitz http://seekingalpha.com/article/49073-countrywide-financial-preparing-a-pr-blitz?source=feed#comment-97973 97973 Mon, 08 Oct 2007 09:04:01 -0400 What Warren Buffett and Joseph Lewis Think of Financial Stocks http://seekingalpha.com/article/48476-what-warren-buffett-and-joseph-lewis-think-of-financial-stocks?source=feed#comment-97126 97126 Fri, 28 Sep 2007 20:25:02 -0400 The Times’ 'Expose' of Countrywide Lacks Any Evidence http://seekingalpha.com/article/45785-the-times-expose-of-countrywide-lacks-any-evidence?source=feed#comment-96073 96073 Sun, 16 Sep 2007 10:29:05 -0400 Countrywide Employees Speak Out http://seekingalpha.com/article/47148-countrywide-employees-speak-out?source=feed#comment-96071 96071 Countrywide has many instruments in place to minimize risk and perform good business practices; for a company founded in 1969 with experience in the many boom-bust cycles between now and then, one would reasonably expect them to have at least some machinations in place; yea, one would verily expect such things from CFC.

The unfortunate piece of their corporate history is how they left their values to the wayside in what were considered some of the most lucrative markets in the country, which is now eroding the core of their very business. Countrywide may heal from this episode someday, but not without a lot of pain and bloodshed. Again, they could have avoided this if they had stuck to their core values, but they did not and they are now paying the price.

I maintain a $10 valuation on this company until David Sambol can finish his succession plan, getting Mozilo's hands off the business. Expect a ceiling when the stock gets back to the price point where Mozilo resumes his ownership purge.
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Sun, 16 Sep 2007 10:22:47 -0400 Countrywide has many instruments in place to minimize risk and perform good business practices; for a company founded in 1969 with experience in the many boom-bust cycles between now and then, one would reasonably expect them to have at least some machinations in place; yea, one would verily expect such things from CFC.

The unfortunate piece of their corporate history is how they left their values to the wayside in what were considered some of the most lucrative markets in the country, which is now eroding the core of their very business. Countrywide may heal from this episode someday, but not without a lot of pain and bloodshed. Again, they could have avoided this if they had stuck to their core values, but they did not and they are now paying the price.

I maintain a $10 valuation on this company until David Sambol can finish his succession plan, getting Mozilo's hands off the business. Expect a ceiling when the stock gets back to the price point where Mozilo resumes his ownership purge.
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PIMCO: We're in the Middle of Housing Downturn http://seekingalpha.com/article/34346-pimco-we-re-in-the-middle-of-housing-downturn?source=feed#comment-85386 85386 Thu, 03 May 2007 09:20:47 -0400 How Is Steve Jobs Avoiding The SEC Heat? http://seekingalpha.com/article/33442-how-is-steve-jobs-avoiding-the-sec-heat?source=feed#comment-84949 84949 Wed, 25 Apr 2007 11:45:20 -0400 CarMax's Earnings: Seven Auto Retailers, Seven Comparison Metrics http://seekingalpha.com/article/31098-carmax-s-earnings-seven-auto-retailers-seven-comparison-metrics?source=feed#comment-83401 83401 Thu, 29 Mar 2007 15:20:54 -0400 Nintendo vs. Sony: Like Atari vs. Betamax All Over Again http://seekingalpha.com/article/30115-nintendo-vs-sony-like-atari-vs-betamax-all-over-again?source=feed#comment-82831 82831
FYI!]]>
Tue, 20 Mar 2007 13:51:44 -0400
FYI!]]>