House Hearing With CEO's Involved In Subprime Mortgage Crisis

Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, raises his right hand as he is sworn in during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis.
Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, raises his right hand as he is sworn in during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis.
(Photo by Mark Wilson/Getty Images North America)
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(L-R) Charles Prince, former Chairman and CEO, Citigroup, Richard Parsons, Chair, Personnel and Compensation Committee for Citigroup, Stanley O'Neal, former Chairman and CEO Merrill Lynch,  John Finnegan, Chair, Management Development and Compensation Committee,  Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation and Harley W. Snyder, Chair, Compensation Committee, Countrywide Financial, raise their right hands as they are sworn in during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis. Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, testifies during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis. Angelo Mozilo, founder and former CEO, Countrywide Financial Corporation, waers a watch while testifying during a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis. Angelo Mozilo,(C) founder and former CEO, Countrywide Financial Corporation, and Harley W. Snyder, (L) Chair, Compensation Committee, Countrywide Financial, arrive at  a House Oversight and Government Reform hearing on Capitol Hill March 7, 2008 in Washington, DC. The committee is examining the compensation and retirement packages granted to the CEOs of corporations deeply involved in the current mortgage crisis.
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