Countrywide?s Mozilo Charged With Securities Fraud and Insider Trading by S.E.C.

The Security and Exchange Commission has charged Angelo Mozilo, former head of Countrywide Mortgage, with  securities fraud and insider trading. The charges were not accompanied by criminal charges through the Justice Department, but they still carry some weight. Citing e-mail messages in which Mr. Mozilo referred to Countrywide loan products as ?toxic? and ?poison,? S.E.C. officials [...]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. Countrywide's Mozilo Charged With Securities Fraud and Insider Trading by S.E.C. Related posts:Angelo Mozilo To Be Charged With Fraud By The SEC Angelo Mozilo, former head of Countrywide Mortgage, is rumored to...Bear Stearns Losses Lead To