of course not! n 2010, he settled with the sec and was assessed a $67.5 million fine. that sounds bad, right? except, of course, he didn't really pay it. countrywide and bank of america paid $45 million of it, meaning that he made less than 5% of the money that he had made from countrywide. got away with it with nearly $500 million in the bank. and on february of 18 of this year, the los angeles time reported that the feds shelved their criminal investigation into mozilo and apparently determined his actions didn't amount to criminal wrongdoing. so there's no indictments for mozilo or any top countrywide executives. that's outrageous. he's walking away incredibly rich even though he knew the stuff was toxic and poison, right? that means they went and got nobody, right? nobody, not true. turns out they did get somebody. look who's behind bars.
Related Keywords
Course , It , Bank Of America , Meaning , Fine , Sec , Sounds Bad , 2010 , 067 5 Million , 5 , 7 5 Million , 5 Million , 45 Million , Bank , Money , Feds , Countrywide , Los Angeles , 00 Million , 18 , 500 Million , Executives , Actions , Mozilo , Indictments , Criminal Investigation , Wrongdoing , Stuff , Bars , Somebody , Nobody , Poison , Turns ,
vimarsana.com © 2020. All Rights Reserved.