I'm skimming The Wall Street Journal on the morning of February 22 when a headline stops me cold: “Countrywide Treats Bankers to Ski-Resort Trip.”

Ouch. This is exactly the kind of damaging publicity that financial services companies dread. The article portrays troubled mortgage giant Countrywide — which was recently purchased by Bank of America Corp. for less than a fifth of what its market value had been a year earlier — as operating like a fat-cat company with little regard for its

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish