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	<title>Comments on: Countrywide Aint My Brother He&#8217;s Heavy</title>
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		<title>By: Aristotle</title>
		<link>http://bankimplode.com/blog/2008/04/30/countrywide-aint-my-brother-hes-heavy/comment-page-1/#comment-750</link>
		<dc:creator>Aristotle</dc:creator>
		<pubDate>Fri, 02 May 2008 20:05:47 +0000</pubDate>
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		<description>One of Countrywide&#039;s first operations center was a two building complex on a high hilltop overlooking Simi Valley, California.   

The previous owner of that property was Gibraltar Savings, shut down by the feds in the savings and loan crisis.  Gibraltar had bought the property from an overextended computer company.  

The computer company failed shortly after moving out of the property.  The computer company had been induced to buy the property by an overzealous city manager, who had the hilltop declared a &quot;redevelopment area&quot; to attract jobs to the area.  

Neither the computer company nor Gibraltar knew that the hilltop operations center with the beautiful view had been built on top of a Chumash Indian burial ground.  The city manager did know that fact when he induced the now failed computer company to build the first building on the burial ground.  Gibraltar&#039;s management had been scared by Chumash elders who showed up when the land grading equipment first started moving more graves for the second building.

By the time Countrywide bought the property, that fact that it was built on an Indian burial ground was widely known.

So now the consequences of disrespecting an Indian burial ground have affected Countrywide.

Perhaps Bank of America is next.</description>
		<content:encoded><![CDATA[<p>One of Countrywide&#8217;s first operations center was a two building complex on a high hilltop overlooking Simi Valley, California.   </p>
<p>The previous owner of that property was Gibraltar Savings, shut down by the feds in the savings and loan crisis.  Gibraltar had bought the property from an overextended computer company.  </p>
<p>The computer company failed shortly after moving out of the property.  The computer company had been induced to buy the property by an overzealous city manager, who had the hilltop declared a &#8220;redevelopment area&#8221; to attract jobs to the area.  </p>
<p>Neither the computer company nor Gibraltar knew that the hilltop operations center with the beautiful view had been built on top of a Chumash Indian burial ground.  The city manager did know that fact when he induced the now failed computer company to build the first building on the burial ground.  Gibraltar&#8217;s management had been scared by Chumash elders who showed up when the land grading equipment first started moving more graves for the second building.</p>
<p>By the time Countrywide bought the property, that fact that it was built on an Indian burial ground was widely known.</p>
<p>So now the consequences of disrespecting an Indian burial ground have affected Countrywide.</p>
<p>Perhaps Bank of America is next.</p>
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