The Last Day of Countrywide

Today, June 30th, is the last day Countrywide will exist as itself.

Tomorrow it'll be Bank of America.

Did you know Countrywide started in 1969?

No, I wasn't lending back then, I was 10 years old.

Yes, Countrywide has received it share of bad press recently.

Deservedly or not, they've also done some good things.

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• Was the B of A merger a thinly disguised Fed orchestrated bail out?
• Does Countrywide deserve everything they get?
• Should Angelo Mozillo spend a little time behind bars?

All interesting and compelling questions. I can't help but think of all the good Countrywide also accomplished.

How many people would have enjoyed home ownership if it wasn't for Countrywide?
What do you think?