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.
29.01.2012 [Huffington Post] - "It's true -- and appalling -- that Fannie became the largest purchaser of subprime loans from one of the worst mortgage hustlers in the game, Jim Johnson's pal AngeloMozilo, the CEO of Countrywide Mortgage. But that was in the period from 2003 to
28.01.2012 [New York Times] - The SEC's settlement with AngeloMozilo, 73, former head of Countrywide Financial, barred him from acting as a director or officer of a public company for the rest of his life. Some cases on the list are still being litigated.
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.
24.01.2012 [truthout] - AngeloMozilo is a perfect example, the former chief executive, co-founder of Countrywide, one of the most toxic lenders out there, really has created huge problems for especially minorities in this country. He was charged with insider trading by the
23.01.2012 [Wall Street Journal (India)] - AngeloMozilo wouldn't go down with his ship. He unloaded more than $200 million in stock options before Countrywide Financial capsized, and he left the wreckage to shareholders. Capt. Bernie Madoff sure had a funny way of financing his yachts.
23.01.2012 [American Banker (subscription)] - Seemingly now lost in space is the premiere role played by Alan Greenspan, the grand Pied Piper, who in the boom years led families into homeownership heaven aided and abetted, countrywide, by archangels like AngeloMozilo. For Republicans, this past
22.01.2012 [Wall Street Journal] - AngeloMozilo wouldn't go down with his ship. He unloaded more than $200 million in stock options before Countrywide Financial capsized, and he left the wreckage to shareholders. Capt. Bernie Madoff sure had a funny way of financing his yachts.
21.01.2012 [New York Times] - All have denied seeking or knowing about the “Friends of Angelo” program set up by AngeloMozilo, former head of Countrywide. Mr. Issa is vowing to press forward with his investigation of the loans, wherever it leads, his office insisted.
20.01.2012 [Huffington Post] - But the bank has avoided prosecution and Countrywide founder AngeloMozilo, the poster boy of the subprime debacle, settled securities fraud and insider trading charges with the Securities and Exchange Commission in 2010 for $67.5 million -- a fraction
19.01.2012 [Financial Times] - Only weeks before, they had visited the opulent campus in Calabasas, California, where AngeloMozilo presided over Countrywide, then the largest mortgage lender and servicer in the US. The perpetually tanned Mr Mozilo, clad in his standard blue shirt
19.01.2012 [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 AngeloMozilo and one of his underlings. BofA forked over payoffs to self-declared
19.01.2012 [The Nonprofit Quarterly] - The good side of this story, if there is one, is that it was the nonprofit sector that doggedly brought the foreclosure crisis to light, identified the unindicted criminals behind these schemes like former Countrywide CEO AngeloMozilo, and stayed on
18.01.2012 [Reuters] - Countrywide Financial Corp. co-founder AngeloMozilo may have directed the lender to extend preferential treatment on a 1998 loan to Republican Rep. Howard McKeon of California, according to a letter released Tuesday by a senior House Democrat.
18.01.2012 [American Banker (subscription)] - Well, AngeloMozilo did always say when he was running Countrywide that he believed in the "macro hedge." The FDIC released a proposal for stress-testing the 23 banks it oversees that have $10 billion or more in assets. All banks above that threshold
17.01.2012 [New Republic] - That's not to say the SEC has been toothless: It secured a $22.5 million penalty against AngeloMozilo of Countrywide Financial, which aggressively jumped into the risky mortgage market while claiming to be playing it safe. Mozilo was barred from ever
16.01.2012 [New York Times] - From 2000 to 2008, AngeloMozilo, the chief executive of Countrywide, received total compensation estimated at $521.5 million; in 2010, without admitting or denying any wrongdoing, he paid $67.5 million to settle civil fraud charges brought by the SEC
14.01.2012 [New York Times] - Representative Edolphus Towns, Democrat of New York, is the only member of the House who had been connected publicly to Countrywide's special loan arrangement — the so-called Friends of Angelo program, named for AngeloMozilo, the longtime chief