From minyanville.com
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Chief Executive Angelo Mozilo
Angelo Mozilo is the Chief Executive of Countrywide Financial Corp., the nation's largest mortgage lender.
In 2005 Barron’s called him one of the 30 best CEOs in the world. Then Fortune placed his firm on its list of “Most Admired Companies”. One year later American Banker presented him with a lifetime achievement award. Angelo Mozilo the former boss of Countrywide Financial Corporation was once thought of as a business icon in this country with his camera-ready smile perma-tanned complexion and white-collared blue shirts. A hard charging...
- Mozilo Can’t Dodge Fraud Charges (247wallst.com)
- Lendstrong (blogger.com)
- Countrywide inquiry broadens (the net widens including mid-level Hill... (freerepublic.com)
Reuters - A federal judge rejected a request by Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp, to dismiss a U.S. Securities and Exchange Commission lawsuit accusing him of securities fraud and insider trading.
From rss.news.yahoo.com
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- KB Homes and Countrywide Financial Named in Class Action Complaint Alleging... (appraisalnewsonline.typepad.com)
- Fact-checking Moore's 'Capitalism' (news.google.com)
The House Oversight committee is investigating the role of the nation's largest mortgage companies in the financial crisis.
Under pressure from Republicans, a House committee has subpoenaed documents related to Countrywide Financial Corp.'s VIP program, which offered preferential treatment to well-connected or powerful mortgage customers.
From latimes.com
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- Democrats skip out on Countrywide vote (freerepublic.com)
- BofA's Countrywide to get subpoena over VIP program (reuters.com)
- BofA's Countrywide subpoenaed over VIP program (credit-card-news-blog.blogspot.com)
U.S. Sen. Christopher J. Dodd is saying it's time to move on from the long-running Countrywide Financial VIP loan scandal. The issue broke more than one year ago with an article mentioning Dodd, Countrywide kingpin Angelo Mozilo, Sen. Kent Conrad of North Dakota, and others.
The Senate Ethics Committee cleared Dodd, but a House committee is considering studying the issue and issuing subpoenas.
"I feel the matter's behind us,'' Dodd said. "We...
From blogs.courant.com
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- Rick Green On The Countrywide Financial VIP Program: Capitol Watch (blogs.courant.com)
- Countrywide Financial - House Subpoena Issued on Controversial VIP Program... (blogs.courant.com)
- Panel sends Countrywide subpoena (feedburner.com)
Sold At The Top submits:
Decades from now the summer of 2008 will likely be remembered to mark the turning point where legislative blundering took an otherwise serious financial crisis and molested it into an epic financial collapse. By fully assuming the liabilities of Fannie Mae (FNM) and Freddie Mac (FRE), the two colossal and corrupt (and conduit of corruptness funneling junk Countrywide Financial loans onto the implied balance sheet of...
From seekingalpha.com
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- Ticking Prime Bomb: Fannie Mae Monthly Summary, August 2009 (seekingalpha.com)
- Relationship between Towns and Countrywide Scrutinized (brownstoner.com)
- Addressing the Countrywide Stench (roguepundit.typepad.com)
By Ben Pershing UPDATE 10:02 P.M. ET: Towns and Issa have announced an agreement on subpoenaing Bank of America for records related to the Countrywide mortgage program. Their joint statement is available here, and a copy of the subpoena is here. ORIGINAL POST: The House Oversight and Government Reform Committee majority and minority are negotiating the details of a subpoena for documents related to Countrywide Financial Corp.'s "VIP" mortgage...
From voices.washingtonpost.com
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- Oversight panel to subpoena Countrywide mortgage documents (washingtonpost.com)
U. S. Rep. Christopher Murphy of the 5th Congressional District says that the House subpoena of the highly controversial Countrywide Financial VIP loan program is "the right thing to do.''
Our colleague, Rick Green, has the details at http://blogs.courant.com/rick_green/2009/10/dodd-countrywide-house-probe-mortgage-industry.html
Murphy's comments came not long after his Republican opponent in the 2010 race, Justin Bernier, called for him to...
From blogs.courant.com
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- Rep. Chris Murphy, where do you stand?: Rick Green | CT Confidential (blogs.courant.com)
