American Home stops using crisis firm -

American Home stops using crisis firm -

There are 4 comments on the Newsday story from Sep 14, 2007, titled American Home stops using crisis firm -. In it, Newsday reports that:

Melville-based American Home Mortgage has decided to stop paying a high-priced crisis communications firm that creditors had objected to as "a waste," a lawyer for the bankrupt lender's committee of unsecured ...

Join the discussion below, or Read more at Newsday.

Lila

New York, NY

#2 Sep 14, 2007
$875 an hour? I'm going into PR!
Belle

Riverhead, NY

#3 Sep 14, 2007
American Home Mortgage is a disgrace!
Anyone in upper management knew what
was happening in early January. The
company employed high-pressure sales
people who gave false hopes to home buyers that really could not afford
the payments.
Anna

United States

#4 Sep 15, 2007
I am aghast about what they did to borrowers.
And have now read where they acutally stole their employees deferred income investments.
I can only wonder what else is going to come out.
I am shocked

Port Washington, NY

#5 Sep 16, 2007
Good sense prevails in BK court.

Apparently, the obvious excess was judged excessive.

Unusual, if welcomed.

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