SEC charging ex-Countrywide CEO Mozilo with fraud – Yahoo! Finance
This certainly sends a message to others who act to enrich themselves at the expense of many others. Oh wait, that might just be a description of wall st….
Mozillo was not alone in this kind of behavior, he was just blatant, high profile, and got caught.
Federal regulators on Thursday charged Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp., and two other company executives with civil fraud.
via SEC charging ex-Countrywide CEO Mozilo with fraud – Yahoo! Finance.
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