SEC Tries to Spin Angelo Mozilo’s Settlement As a Victory
"LARGEST-EVER FINANCIAL PENALTY AGAINST A PUBLIC COMPANY’S SENIOR EXECUTIVE!"
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"LARGEST-EVER FINANCIAL PENALTY AGAINST A PUBLIC COMPANY’S SENIOR EXECUTIVE!"
The question is: Will the SEC allow themselves to be placated with a boatload of Angelo's dirty cash? Oh, kidding, that's not the question.
The former Countrywide CEO's dive into subprime mortgages was not necessarily driven by greed alone.
The former Countrywide CEO is the first top financial-services executive to be charged in connection with the financial crisis.
The former Countrywide CEO may be charged with violating insider-trading laws and failure to disclose material information to shareholders.
Getting foreclosed upon could be the best thing to happen to Victoria Gotti.
The Countrywide CEO gets all choked up at the last shareholder meeting before the sale to Bank of America.
Donald Trump is strong and solid, like a freight ship battered by stormy seas. Meanwhile, Angelo Mozilo of Countrywide and Don Imus are riding around on rickety catamarans. All that and more metaphors in our daily roundup of real-estate, law, media and finance news.