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Jun.25
5:06 PM ET
Wednesday, 25 Jun 2008
Countrywide Shareholder Meeting: What Happened
Posted By:Jane Wells
Topics:Mergers & Acquisitions
Companies:Bank of America Corp | Countrywide Financial Corp
Here are interviews with two shareholders who attended the standing room only meeting at Countrywide [CFC
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]headquarters today. One is Scott Adams, of the American Federation of State, County and Municipal Employees, which voted "yes" today with its 48,000 shares.
Adams is a long-time critic of CEO Angelo Mozilo's pay package who felt he had to vote "yes" in "this shotgun wedding." The other interview is Susan Maleski, who bought Countrywide shares after Bank of America [BAC
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]decided to buy the mortgage giant. Though she considers Mozilo "a crook," she felt her shares were a good way to buy BofA "at a discount."
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