27.01.2012 [TheStreet.com] - But did AngeloMozilo and the gang at Countrywide play fast and loose with the rules? You bet they did. Bank of America has already paid out or set aside $35 billion to deal with the legal fallout, according to Citigroup analyst Keith Horowitz.
(born 1938) was the chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008. Condé Nast Portfolio ranked Mozilo second on their list of "Worst American CEOs of All Time".
08.02.2012 [Leagle.com] - COUNTRYWIDE FINANCIAL CORPORATION, a Delaware corporation; COUNTRYWIDE HOME LOANS, INC., a New York corporation; ANGELOMOZILO, an individual; DAVID SAMBOL, an individual; BANK OF AMERICA CORPORATION, a Delaware corporation, as successor in interest to
09.02.2012 [msnbc.com] - Furthermore, the plan would create “FHA-sponsored subprime slime” that refinances homes at up to 140% loan to value, “something even AngeloMozilo never attempted,” Stockman observes. “The White House proposed financing scheme is a lie because they
07.02.2012 [Fox News] - They include a 2009 inquiry into the collapse of Countrywide Financial Corp. as a potential "Friend of Angelo" — a reference to former Countrywide chief executive AngeloMozilo, who helped high-profile clients get discounted mortgages.
07.02.2012 [Huffington Post] - They include a 2009 inquiry into the collapse of Countrywide Financial Corp. as a potential "Friend of Angelo" – a reference to former Countrywide chief executive AngeloMozilo, who helped high-profile clients get discounted mortgages.
03.02.2012 [Reuters] - "This kind of case is going to be the exception," said Hueston, a partner at Irell & Manella in Los Angeles, who represented AngeloMozilo, former CEO of subprime lender Countrywide Financial Corp, in a criminal investigation that was dropped.
18.01.2012 [Florida Times-Union (blog)] - After purchasing junk mortgage company Countrywide, BofA agreed to pay $50 million in restitution payments for Countrywide subprime loan fraudster and Democratic fat cat AngeloMozilo and one of his underlings. --- BofA forked over payoffs to
09.02.2012 [American Spectator] - gets a mention in book's index but AngeloMozilo, the head of Countrywide mortgage whose lackadaisical lending policies brought down the company, does not. Nor do Fannie Mae or Freddie Mac, the "GSEs" whose insatiable demand for mortgages played a
26.01.2012 [Waterbury Republican American (blog)] - As his Senate career collapsed in the aftermath of the revelation of his sweetheart relationship with dethroned mortgage king AngeloMozilo, as well as his mutually beneficial relationship with mortgage lenders Fannie Mae and Freddie Mac
23.01.2012 [NJ TODAY] - Among the SEC enforcement actions that leave observers wondering was the case against former Countrywide Financial CEO AngeloMozilo. Mozilo was charged with securities fraud for deliberately misleading investors in schemes that resulted in $4.4
31.01.2012 [Boston Globe] - Even AngeloMozilo, the former CEO of Countrywide, the housing bubble's worst offender, skated. Mozilo complained in e-mails about Countrywide's loans being “toxic,'' but his $67 million settlement didn't require him to admit any guilt.
23.01.2012 [Motley Fool] - Meanwhile, the executives were allowed to hold on to their riches (although AngeloMozilo would eventually have to pay a significant fine as a result of his company's activities). Who knew that failure paid so well? Sadly, the mind-set on Wall Street
22.01.2012 [Bakchich (Satire)] - Les dirigeants comme Dick Fuld chez Lehman Brothers et AngeloMozilo à Countrywide, comme tant d'autres, ont dilapidé des centaines de millions de dollars avant que le bateau ne s'écrase sur les récifs. Les prêteurs avides et les banquiers