Relevant numbers

Countrywide's Q4 loss:  $422 million.

Amount of severance package Angelo Mozilo is giving up:  $38 million.

You could have made a ton of money last year with put options on CFC and other financials.  The lucky few who've had a chance to beta-test Dan Amoss's Strategic Short Report have pulled in 80% returns to date with puts on a troubled bank stock.

As I write we're down to less than seven hours in which you can try out Strategic Short Report at half-price.  At 5 PM today, new subscribers will be issued a special report detailing a five-step "paddle strategy" to weather Wall Street's turbulence.  Learn all about it here.

The Daily Reckoning