Tuesday, October 16, 2007

Countrywide CEO Angelo Mozilo is bracing his portfolio for further CFC bloodshed.


Here’s the rundown of his trading activity last week:
That’s about $16 million in stock value for Mozilo. If his portfolio allocation is any indication of CFC’s future performance, look out below. We wouldn’t be surprised to see another round of layoffs this week.

On the other hand, if you’re holding puts,congratulation!

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