Date: August 29, 2007
To: Angelo Mozillo, CEO of Country Wide Credit
From: Tommy Parker
Dear Mr. Mozillo,
My name is Tommy Parker. I just tuned 8 yeers old.
This is the furst letter I've ever witten to any-body.
(Exspect in Feburary I wote a card axing Nancy to be my Ballentine).
I live in Hackensack, New Jersey.
I used to go to Public School 96.
The reason I'm witing you is becuzz of something that happoned weecently at home.
It was a big fight between my mommy and my daddy.
The fight was over somthing my daddy did a wong time ago, maybe six munfs ago.
That's when daddy annunced that we wee-financed our mortgage.
He said he did it cuzz your company said that daddy could borrow the money now and pay back a smaller portion of it each month.
Mommy was very upset.
She said that daddy was stupid to wee-finance a morgage at the top of a "cow market." (I think that's wut she said)
Daddy pulled out yer Advutisemint from his briefcase and he put it on the table to show her.
Sure enough it said that we could we-finance our morgage payments and wock in a very low wate of 5.5% interest.
Daddy said he would take the extwa money and invest it in da stock market.
But mommy said daddy was stoopid to trust an morgage bwoker becuzz the payments would "wee-set" at a later date and we would feel the pinch.
That seemed to really piss daddy off.
He told mommy that she never got the "big picture."
Then he said mommy would never do anything in life becuzz she got the "small-minded thinking from her middle-class parents."
Mommy looked very mad but she didn't say anything back.
We finished dinner in silence.
(Mommy didn't even make me finish my peas).
This was about a six munths ago.
But last week mommy and daddy started fighting at dinner again.
I think mommy asked daddy why wee suddenly got our morgage bill and it had "wee-set," making our payments bigger den ever before.
(She kinda asked the question the way she asks me if I brushed my teeth before bedtime - when she knows I didn't).
Daddy mumbled something about "short-term hiccups."
Mommy reminded him that with da new monthly payment we were spending more den we were making each month.
It seems that our payments are almost 20% more den our original morgage.
Daddy called mommy a "blood sucking leech who always held him back in life."
He also said mommy was "like a vampire" and it was "slowly killing him."
Then mommys face got really red.
She took a deep breath and told me to go to my room.
(I didn't even get to finnish my dessert).
Even though I went upstairs the fighting kept getting wurse.
But I was so tired I ended up falling asleep anyway.
At around mid-nite mommy woke me up while I was sleeping.
She said that we were going to the beach for a swim.
When we got into the car daddy was already laying in the back seat.
Mommy said daddy was very tired and needed to sleep "for a very long time."
I was suprised that daddy didn't change his shirt before leaving because he had a big ketchup stain on it.
(Daddy always makes sure my clothes are clean for school).
But when we got to the beach, mommy helped daddy get into the water.
He went in all by himself.
It didn't seem like he wanted to swim around though. More wike he wanted to float.
(Mommy said daddy was practicing for his diving test).
After a while mommy said we better leave daddy to dive alone because he would feel much better later.
The next day daddy didn't come home but a bunch of strangers with guns came over and said mommy was going away for a while.
They said I had to go to Nanna's house now.
(Luckily I grabbed the Advertisement report you wote and put it in my napsack. It still has dried ketchup on it though.)
The reason I'm writing you is because I wee-read da advurtisement you wote (the one daddy wee-sponded to) and I had one question for you:
Did you give us a morgage based on a wee-alistic view of our financial situation or did you give us a morgage deesigned for you to make commissions?
I hope you answer this questions for me before next week on Thursday because I'm leaving on a trip.
Nanna's taking me to see mommy in her new home.
(I just hope this time I can hug her).
Thank you very much,
P.S. Oh, I forgot to ask: Have you heard the phrase "fiduciary wee-sponsibility"?
CEO, Founder & Director of Editorial Content
The Tycoon Report