F.O.A.
The fallout surrounding Countrywide Financial and Chief Executive Angelo R. Mozilo just keeps getting worse. The last 42-days have seen an extraordinary amount of activity. On May 15, Federal District Court Judge Mariana Pfaelzer said that “…she found confidential witness accounts in the shareholder complaint to be credible… they suggested, ‘a widespread company culture that encouraged employees to push mortgages...
June 27, 2008