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Countrywide exec gets $28 million from Bank of America
http://www.reuters.com/ article/ businessNews/ idUSN2836551620080328?feedType=RSS&f...
NEW YORK (Reuters) - Bank of America Corp said it has agreed to pay $28 million to Countrywide Financial Corp Chief Operating Officer David Sambol to induce him to run the merged companies' consumer mortgage operations.
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Bank Of America (BAC) Slips Countrywide (CFC) President $28 Million
http://www.247wallst.com/2008/03/bank-of-america.htmlCountrywide NYSE: CFC) chief operating officer David Sambol cannot get a job as a garbage man. He is viewed as being too closely tied to policies whereby his company made subprime mortgage loans to people who, in many cases, could not repay them. That
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