June 5, 2009 (Associated Press) WASHINGTON - Angelo Mozilo, the man who rode the housing boom to build Countrywide Financial Corp. into a California colossus of high-risk mortgage lending, has been charged with civil fraud and illegal insider trading by federal regulators who accuse him of deceiving shareholders and profiting on confidential information.
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SEC Charges Ex-Countrywide CEO Mozilo with Fraud (SmartPros Accounting)
Posted by mortgage 1070 days ago (Editorial)
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