The worst CEO of 1997... Vote Here! Message Board

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Pastimes : The worst CEO of 1997... Vote Here!

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To: JEFF CHAPMAN who wrote (54)	12/2/1997 10:36:00 PM
From: Robert Montague	Read Replies (1) of 89

Jeff: Don,t know the facts here but the guy at Cityscape Finantial has to be some piece of work also. Investor's Business Daily was listing this one, as one of the top return on equity stocks. Price was about $40 and UK partnership was bringing in profits faster than they could count them. They were lending money on mortgages that were risky and therefore the "high interest premiums were warrented". Stock is now less than $2 I believe, and no statements have been seen as to why ?? Great thread...Bob Montague

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