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Originally Posted by dc_dux
Ace...I really dont understand how Countrywide really has anything to do with Obama.
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Here is what Obama said about Contrywide. He also said somethings about CEO compensation that is indirectly related.
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Obama and Countrywide
``These are the folks who are responsible for infecting the economy and helping to create a home-foreclosure crisis -- 2 million people may end up losing their homes,'' Obama said of Countrywide at a March 31 campaign appearance in Lancaster, Pennsylvania.
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Obama as the presumptive nominee of the Democratic party as now assumed a leadership role. He spoke out against Countrywide before these revelations, now he is dismissive of what could be very unethical or illegal behavior.
I don't know how to spell this out more simply. If you don't see what it has to do with Obama, there is nothing more I can do to help you at this point.