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GE's Former Subprime Unit Probed For Possible Fraud
www.huffingtonpost.com
[Huffington Post] - But the bank has avoided prosecution and Countrywide founder Angelo Mozilo, the poster boy of the subprime debacle, settled securities fraud and insider trading charges with the Securities and Exchange Commission in for $67.5 million -- a fraction
Venue's name a reminder of venal president, party
www.news-press.com
[The News-Press] - After purchasing junk mortgage company Countrywide, BofA agreed to pay $50 million in restitution payments for Countrywide subprime loan fraudster and Democratic fat cat Angelo Mozilo and one of his underlings. BofA forked over payoffs to self-declared
On the Trail of Mortgage Fraud
www.nytimes.com
[New York Times] - From to 2008, Angelo Mozilo, the chief executive of Countrywide, received total compensation estimated at $ million; in 2010, without admitting or denying any wrongdoing, he paid $67.5 million to settle civil fraud charges brought by the SEC
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