Angelo Mozilo, Ex-Countrywide CEO: Was He To Blame?

10/16/2009 05:12 am ET | Updated May 25, 2011
  • E. Scott Reckard latimes.com

When David Gautreaux volunteered to assist at a charity golf tournament in Thousand Oaks two years ago, he was eager to meet the event's host, Angelo R. Mozilo, then chief executive of mortgage giant Countrywide Financial Corp.

An actor and investor who owned Countrywide stock, Gautreaux was stationed at the 12th hole when Mozilo strode onto the green. Gautreaux remarked that Mozilo was winning.

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