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Countrywide Financial Corp.
Countrywide Financial Corp.
An analyst report suggesting that Countrywide faced liquidity problems "was totally irresponsible and baseless." On the contrary, "every one of these [crises] you come out of stronger, better, and with less competition." -- CEO Angelo Mozilo to CNBC on Aug. 23, 2007

Time to Armageddon: Five months

Sold to BofA on Jan. 11, 2008, after its stock price had fallen almost 90% over eight months. Now under scrutiny by SEC and state AGs.

NEXT: Fannie Mae
Last updated January 06 2009: 12:16 PM ET
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Wall Street: It's payback time
Wall Street: It's payback time
An angry mob of investors and taxpayers is assembling, and they want to see some executives' heads on pikes. The question for the courts will be, Who was just foolish with our money - and who was lying, cheating, and stealing? More
Three days that shook the world
Three days that shook the world
Exactly three months ago, the collapse of Lehman triggered a global financial panic. Fortune examines what happened in the 72 hours when the world's most powerful bankers met to try to save Lehman and wound up changing the face of Wall Street forever. More
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