Angelo Mozilo

Why Jamie Dimon Just Doesn't Get It

Robert Greenwald | Posted 02.20.2012

Read More: Lloyd Blankfein, 99 Percent, 1 Percent, JPMorgan Chase, Brian Moynihan, Monsanto, Brave New Foundation, Darrell Issa, Jamie Dimon, Bankers, Angelo Mozilo, Robert Greenwald, Politics News

Jamie Dimon, the infamous CEO of JPMorgan Chase, is back to doing what he does best: defending the bankers of the 1% against the petulant 99%.

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Countrywide Covered Up Massive Fraud, Former Employees Say

iWatch News | Posted 11.22.2011

Read More: Brian Moynihan, Countrywide Home Loans, Subprime Mortgages, Countrywide, Great Recession, Bank of America, Eileen Foster, Financial Crisis, Kenneth Lewis, Angelo Mozilo, Countrywide Cover-Up, Financial Collapse, Business News

In the summer of 2007, a team of corporate investigators sifted through mounds of paper pulled from shred bins at Countrywide Financial Corp. mortgage...

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The Return of the Debtor's Prison

Bryce Covert | Posted 05.30.2011

Read More: Debt, Debtor's Prison, Angelo Mozilo, Incarceration, Law, Business News

As the debt-collection industry buys up bad debt and then seeks payment, it's started relying on arrest warrants to get its way, throwing those who miss court appearances or don't pay in jail.

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Should Homeowners Be Jailed For Taking Out Bad Loans?

Posted 05.28.2011

Read More: Debtors Prisons, Mortgage Lenders, Countrywide, Bank of America, Financial Crisis, New York Times, Joe Nocera, Angelo Mozilo, Mortage Borrowers, Charlie Engle, Business News

To date, not a single mortgage lender has been sent to prison for their role in the financial crisis. At least one borrower hasn't been so lucky. C...

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Making the Case Against Mortgage Banksters, Part Two: Financing Prosecution

Nicholas Carroll | Posted 05.25.2011

Read More: Mortgage Fraud, Crime, Banksters, Prosecutors, Mortgage Crisis, Angelo Mozilo, State Attorneys General, Business News

The Federal government has now let former Countrywide CEO Angelo Mozilo go scot-free, paying less than 10% of his assets in fines, with no admission o...

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Executives Behind Financial Crisis Face Little Risk Of Being Caught

The New York Times | JOE NOCERA | Posted 05.25.2011

Read More: Joe Cassano, Richard Fuld, Angelo Mozilo, Joe Cassano Aig, Financial Crisis Executives, Lehman Brothers, Financial Crisis, Execs Go Free, Countrywide Financial, Business News

So much for Angelo Mozilo taking the fall for the financial crisis. Late last week, word leaked out that Mr. Mozilo, who had co-founded Countrywide F...

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FBI Nabs Countrywide's Mozilo for Overtanning

Jack Hidary | Posted 05.25.2011

Read More: Tanning Beds, Tanning Salon, Angelo Mozilo, Countrywide, Fbi, John Boehner Tan, Tanning, George Hamilton, Comedy News

The FBI announced last week that it failed to come up with financial charges against Angelo Mozilo, the notorious former head of Countrywide Financia...

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How A Countrywide Executive Took On The Company

New York Times | Posted 05.25.2011

Read More: Countrywide Financial, Economic Crisis, Business News, Angelo Mozilo, Michael-Winston, Mortgage Crisis, Foreclosure, Foreclosure Crisis, Subprime Mortgages, Business News

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No Criminal Charges For Countrywide Former CEO

Bloomberg Businessweek | Posted 05.25.2011

Read More: Angelo Mozilo, Criminal Investigation, Mozilo Charges, Department of Justice, Countrywide Financial, Bank of America, Business News, Economic Crisis, Mortgage Crisis, Business News

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BofA Hit With Subpoena Over Mortgage Documents

Posted 05.25.2011

Read More: Bofa Countrywide, Angelo Mozilo, Countrywide VIPs, Countrywide Lawsuits, Countrywide Financial, Darrell Issa, Business News

The head of the U.S. House of Representatives oversight committee issued a subpoena on Wednesday to Bank of America for information about mortgage...

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Bank of America Division Accused Of 'Massive Fraud' In Suit

AP | MARK JEWELL | Posted 05.25.2011

Read More: Tiaa-Cref, Dexia Holdings, Countrywide Financial, Bank of America, Sec, Eric Sieracki, Bank of America Countrywide Lawsuit, Angelo Mozilo, Bofa, Business News

A lawsuit alleges Countrywide Financial Corp. and two of its former executives misled institutional investors who were stuck with huge losses from mor...

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Manicurist Hit With Corruption Charges -- Know What I'm Sayin'?

Bill Singer | Posted 05.25.2011

Read More: Fraud, Quadrangle Group, Andrew Cuomo, Irs, Wall Street, Countrywide Financial, Mary Schapiro, Robert Khuzami, Obama Transition, Bill Singer, Angelo Mozilo, Securities and Exchange Commission, Steven Rattner, BrokeAndBroker.Com, Business News

You ever wonder where so many popular but annoying sayings come from? How do these things even get started? You know? So, like, you know, just sayin',...

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D-Day in the Class War

Joseph A. Palermo | Posted 05.25.2011

Both "bipartisan" bodies claim that "tough decisions" must be made. Yet their policies are only really tough if you happen to belong to America's struggling working middle class.

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The Mozilo Method: Rob, Get Caught, Cut Deal, Die Rich

Jonathan Tasini | Posted 05.25.2011

Read More: Greed, Sec, Unemployment, Countrywide Financial, Financial Crisis, Angelo Mozilo, Scams, Housing Crisis, Politics News

We are missing part of the anger that I think cuts across the political spectrum--and it goes right to the question: why is Angelo Mozilo not going to...

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Dope, Dopes and Dopamine: The Problem With Money

Tony Schwartz | Posted 05.25.2011

Read More: Dopamine, Greed, Financial Crisis, Banks, Angelo Mozilo, Inside Job, Money, Steven Rattner, Cocaine, Business News

For me, the most powerful moment of Inside Job was something the CEO of a large bank said. "We can't control our greed," the CEO acknowledged, in a rare moment of candor and insight. "You should regulate us more."

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Where Are the Tea Party Traitors When It Comes to Financial Reform and the Revolving Door?

Jane White | Posted 05.25.2011

Read More: Revolving Door, Sec, Grover Norquist, Tom Delay, Angelo Mozilo, Subprime Mortgages, Tea Party, Financial Reform, Politics News

This is literally a make-it-or-break-it year when it comes to politics. We need Democrats to get off their butts and either get the bad guys out of office or at least make sure the okay guys don't get creamed by the Tea Party Red Coats.

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16 Cents on the Dollar: Doing the Math on Angelo Mozilo's Big Settlement

Michael W. Hudson | Posted 05.25.2011

Read More: Bank of America, Sec, Settlement, Insider Trading, The Monster, Center for Public Integrity, Countrywide Financial, Angelo Mozilo, Securities and Exchange Commission, Subprime Loans, Business News

Though Mozilo's company came late to the subprime party, its size and clout deepened the pain visited upon individual home owners and the entire financial system. So did he get off too easy?

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The Emperor's New Clothes, Vers. 2.0

Jim Lichtman | Posted 05.25.2011

Read More: SEC. Countrywide, Congress, Subprime Lending, Angelo Mozilo, Equilar, Ethics, Business News

Once upon a time, in a country wide and beautiful, there was a very audacious and flamboyant financier who liked to wear very nice clothes. (Here he ...

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Crime Pays: The SEC's Slap on the Wrist for Angelo Mozilo

David Callahan | Posted 05.25.2011

Read More: Sec, Securities Fraud, Insider Trading, Countrywide Financial, Subprime Mortgage Crisis, Mortgage Crisis, Financial Crisis, Housing Crisis, Angelo Mozilo, Subprime Loans, Business News

Let's say a business leader makes hundreds of millions of dollars through criminal practices that end up wiping out the wealth of myriad homeowners an...

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Angelo Mozilo, Countrywide Ex-CEO, Settles Mortgage Fraud Suit For $67.5M

AP | JACOB ADELMAN | Posted 05.25.2011

Read More: Mortgage Crisis, Mozilo Settlement, Subprime Mortgages, Angelo Mozilo, Securities and Exchange Commission, Lawsuit, Countrywide Financial, Business News

LOS ANGELES — Countrywide Financial Corp. co-founder Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on civil fraud and in...

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Seven Villians Of The Financial Crisis: Where Are They Now?

DailyFinance | BRUCE WATSON | Posted 05.25.2011

Read More: Merrill Lynch, Goldman Sachs, Fabrice Tourre, John Thain, Bear Sterns, Countrywide, Ken Lewis, Lehman Brothers, Merril Lynch Bonuses, Financial Crisis, Henry Paulson, Angelo Mozilo, Jimmy Cayne, Dick Fuld, Business News

In 2008, as the economy seemed to be in free-fall, pundits, politicians and the public cast about in search of the ultimate villain, the Wall Street w...

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Why Were Fannie Mae & Freddie Mac Hot For Countrywide

The New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Read More: Congress, Subprime Mortgages, Freddie Mac, Countrywide, Financial Reform, Wall Street Reform, Fannie Mae, Financial Crisis, Foreclosure, Angelo Mozilo, Housing Crisis, Politics News

Outwardly, Fannie and Freddie wrapped themselves in the American flag and the dream of homeownership. But internally, they were relentless in their pu...

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Homeowners Score Points With Recent Countrywide Fine, Wells Fargo Case

New York Times | Gretchen Morgenson | Posted 05.25.2011

Read More: Angelo Mozilo, Bank of America, Ftc, Financial Reform, Homeowners, Wells Fargo, Countrywide, Predatory Lending, Financial Crisis, Foreclosure, Fees, Federal Bankruptcy, Justice, Wall Street, Business News

While the wheels of justice have turned very slowly in the years since our nation's financiers and regulators nearly cratered our economy, the Federal...

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Chris Dodd, Phil Gramm, and the Legacy of a Statesman

Zach Carter | Posted 05.25.2011

In the past 24 hours, Dodd appears to have been going to bat for Wall Street, not out of concern for any greater political good, but exclusively for the purpose of padding the profits of big banks.

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Joseph Stiglitz: Moral Bankruptcy

Mother Jones | Joseph Stiglitz | Posted 05.25.2011

Read More: Countrywide, Economic Crisis, Financial Crisis, Stiglitz, Angelo Mozilo, Capitalism, Bank Bonuses, Housing Bubble, Bernie Madoff, Mortgage Crisis, Business News

We have created a society in which materialism overwhelms moral commitment, in which the rapid growth that we have achieved is not sustainable environ...

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