Insiders Selling At Countrywide Financial
Corporate executives have been busy selling their positions in many housing sectors recently. Today the highlight is on Countrywide Financial which has seen top insiders liquidate almost 16% of their holdings in the firm.
Angelo Mozilo, chairman and CEO has sold 210,000 shares..CFO Thomas McLaughlin sold 108,098 shares..Anne McCallion, senior director of finance sold 96,049 shares.
If you check here you will see the top corporate officers have sold almost 3 million shares in the past 6 months and have bought none. CFC is down 13% in the same period.