Countrywide Financial Chairman Angelo Mozilo does not know the difference between “reply” and “reply all” — winds up telling a guy trying to rework his Countrywide mortgage that the effort is “disgusting.” Bravo.

Why is Ken Lewis doing business with this slimeball? Oh, that’s right — billions from the Fed and literally untold goodwill from federal regulators. Is BofA really in that bad of shape? Put it this way, were it not for some serious hedge fund missteps by other Wall Street players, maybe both BofA and Wachovia have been acquired by now and both Lewis and Ken Thompson are out on their respective ears.

Bonus IT Department Rule: Wouldn’t you disable “reply all” for all corporate bigwig types, replace it maybe with a big red TELL EVERYONE button? It will just never stop otherwise.