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Countrywide Capital V (New) 7.0 Message Board

Kansaskeith 1 post  |  Last Activity: Mar 29, 2015 8:52 AM Member since: Jul 16, 2008
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    Semi Annual warning back in OCT/14

    by accessmark9107 Mar 27, 2015 12:17 PM
    kansaskeith kansaskeith Mar 29, 2015 8:52 AM Flag

    Both in the periodic conference call and, I believe, in the written report, they had indeed been warning that repeatedly. Manager Mr. Feltus had literally been saying for years that nothing is forever. The only thing that caught me off-guard is that in the last conference call last year he indicated the dividend could hold for another year, possibly two, and it was cut significantly sooner.

    Sentiment: Buy

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