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SEC settlement with former Countrywide Financial CEO provides a nice retirement nest-egg for the disgraced executive
Posted by piblogger on October 16, 2010 · Comments Off
Okay, let’s do some quick math . . . The SEC contends that former Countrywide Financial CEO Angelo Mozilo “improperly generated profits on insider stock sales even though (he was) aware of Countrywide’s deepening financial woes,” to the tune of $140 million. In what has been referred to as the “first time that a prominent … Read more
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Filed under Commentary/Article · Tagged with 4justicenow, Angelo Mozilo, Countrywide Financial, John Berling Hardy, Mary Ellen DiGiacomo, SEC