From Countrywide's former Senior VP of Marketing, the first engrossing inside look at Countrywide Home Loans, how the mortgage crisis started - and where it may end. In July 2004, Adam Michaelson entered 'The Vault' - an underground bunker at Countrywide headquarters - for a meeting about a new loan product that would allow borrowers to pay less than their minimum monthly payment. After the 'finance jocks' proudly made their case, Michaelson asked...