Baraban, Regina
March 2008
Financial & Insurance Meetings;Mar/Apr2008, Vol. 44 Issue 2, p6
Trade Publication
The author focuses on the ski resort trip organized by Countrywide Financial Corp. for bankers. She argues that the trip is the kind of publicity that financial services firms fear. After being forced to sell out to Bank of America after the U.S. housing sector meltdown, the news comes at a bad time because it portrays Countrywide like it has no regard for its customers driven out of their homes, she claims. What bothers her, she adds, is the refusal by both firms to comment on the matter. She believes that the firms should be more responsible.


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