Search for: "Angelo Mozilo"
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22 Feb 2011, 10:30 am
And settlements between the Securities and Exchange Commission and Countrywide executives, including former chief Angelo Mozilo, have added another $48.1 million to the pot. [read post]
21 Feb 2011, 11:04 am
[JURIST] Federal prosecutors have dropped a criminal investigation against former Countrywide Financial Corporation [JURIST news archive] executive Angelo Mozilo, concluding that he was not involved in any criminal conduct during his time as director over the company, according to Friday reports. [read post]
20 Feb 2011, 5:00 am
FRIENDS OF ANGELO: Rumor: Federal probe of Mozilo to be dropped. [read post]
18 Feb 2011, 9:39 pm
Federal prosecutors have ended a criminal investigation of Angelo R. [read post]
17 Feb 2011, 1:20 pm
Angelo Mozilo comes across as a passionate defender of Countrywide Financial in testimony released by the government, remaining defiant of criticism that it fed the subprime mortgage bubble. [read post]
17 Feb 2011, 5:00 am
The two executives, Angelo Mozilo and David Sambol, were accused of luring buyers into mortgages they could not afford by offering low teaser rates, imposing large prepayment penalties, failed to fully inform buyers of the downside of adjustable-rate mortgages, etc. [read post]
3 Feb 2011, 3:25 am
Jerry Brown Settles Countrywide Suit for $6.5 million Then Attorney General Jerry Brown filed a lawsuit against Countrywide’s ex-CEO, Angelo Mozilo, and the company’s former president, David Sambol in June of 2008 for teasing borrowers with teaser rates on adjustable rate loans without disclose the downsides of the loans, like prepayment penalties, negative amortization, and huge rate increases once the teaser rate period was over. [read post]
25 Jan 2011, 7:24 am
That was the sound of a shot being fired… a shot, one might say, most definitely heard round the world… possibly followed by the sounds of Angelo Mozilo screaming in agony… and finishing up with the loudest flushing sound that mankind has ever heard. [read post]
15 Jan 2011, 7:17 pm
People like Dick Fuld, Angelo Mozilo, and Joe Cassano, who’ve emerged from the financial crisis with hundreds of millions of dollars, appear to be taking extremely large slices of a shrinking pie—and that shrinkage has a lot to do with their mismanagement. [read post]
15 Jan 2011, 7:17 pm
People like Dick Fuld, Angelo Mozilo, and Joe Cassano, who've emerged from the financial crisis with hundreds of millions of dollars, appear to be taking extremely large slices of a shrinking pie---and that shrinkage has a lot to do with their mismanagement.The Gulf Between the Middle Class and the Global PoorOn the other hand, it would be much easier to make the case for maintaining US living standards if the country made some effort to conserve vital natural resources. [read post]
6 Jan 2011, 7:57 am
The Washington Post reports that the original electronic system was the brain child of Angelo Mozilo, the founder of Countrywide, which would become the poster child for the abuses of the mortgage industry as the real estate market imploded in 2007. [read post]
5 Jan 2011, 7:09 am
The Post reports the system was the brain child of Angelo Mozilo, the founder of Countrywide Financial, which would become the nation's largest mortgage originator before imploding beneath the weight of its own questionable business practices at the start of the real estate meltdown. [read post]
16 Dec 2010, 2:15 pm
Had Angelo Mozilo not pushed Countrywide deeper into riskier mortgages, some other firm would have taken its place. [read post]
15 Dec 2010, 6:18 pm
Thus far, no executives have been imprisoned in any part of the mortgage crisis -- even Angelo Mozilo of Countrywide. [read post]
26 Nov 2010, 10:18 am
Angelo Mozilo, Countrywide Financial: Mozilo may have suffered more than most; he entered into a settlement with the SEC that required him to fork over perhaps eight percent of his net worth in fines, but without admitting wrongdoing (link). [read post]
22 Nov 2010, 10:12 pm
M and N also do an elegant job of catching the difference in style between Roland Arnell of Ameriquest and Angelo Mozilo of Countrywide. [read post]
25 Oct 2010, 11:15 am
Again reversing cause and effect: as detailed extensively on this blog, Fannie Mae’s implosion was the consequence of buying too much bad paper that Angelo Mozilo was selling. [read post]
25 Oct 2010, 2:34 am
Angelo Mozilo, the former chief executive officer of Countrywide Financial Corp., agreed Oct. 15 in the U.S. [read post]
18 Oct 2010, 3:26 pm
The founder and former chief executive officer of Countrywide Financial, Angelo Mozilo, has reached a settlement agreement with the Securities and Exchange Commission (SEC). [read post]
18 Oct 2010, 8:24 am
Former CEO, Chair and founder Angelo Mozilo agreed to pay $67.5 million, with $22.5 million being paid out of his own pocket (Bank of America will pay balance, though some has already been paid). [read post]
