Page 3 - Angelo Mozilo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

1974. The unemployment rate. Narrator in 2009, wall street bankers were on the defensive. The Great American mortgage bubble had burst. This is a huge amount of money. Narrator the economy was in ruins and wall street bankers were being blamed. Bankers admitted they had miscalculated. But they were also worried that they could be held criminally liable for fraud. He and president obama will continue to work on. Narrator with a new administration arriving in washington, bankers and their attorneys expected investigations and at least some prosecutions. 150 billion in mortgagebacked securities. ...

1974. The unemployment rate. Narrator in 2009, wall street bankers were on the defensive. The Great American mortgage bubble had burst. This is a huge amount of money. Narrator the economy was in ruins and wall street bankers were being blamed. Bankers admitted they had miscalculated. But they were also worried that they could be held criminally liable for fraud. He and president obama will continue to work on. Narrator with a new administration arriving in washington, bankers and their attorneys expected investigations and at least some prosecutions. 150 billion in mortgagebacked securities. ...

Montecito resident Angelo Mozilo, whose company, Countrywide Financial, was a centerpiece of the mortgage meltdown that led to the 2008 recession, died

After building Countrywide Financial into a home-loan colossus, Mozilo became a face of the subprime mortgage crisis and was given a record fine by the SEC.

Three big questions about a potential indictment of Trump in the special counsel investigation.