Angelo Mozilo, former head of Countrywide Mortgage, is rumored to be in the sights of the SEC. Charges of civil fraud are expected to be filed against Mozilo due to the timing of his stock sales before the significant drop in the mortgage market. All the while Mozilo was telling the marketplace everything was fine. [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
Angelo Mozilo To Be Charged With Fraud By The SEC
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