7 results for "Angelo Mozilo"

The “risk takers/job creators” myth

The “American dream” is that this is a land of opportunity. America is supposed to be the magical place where anyone can work their way up from poverty to the presidency, or at least that’s what we’ve believed. Recent studies found that our country is now far from that. Americans enjoy less economic mobility than Read More

The Feds shut down the wrong casino

Let’s see- GE pays no corporate taxes. We have hedge fund managers collecting billions a year– while making the global economy fail. Angelo Mozilo gets to pay back a pittance of his pay in return for throwing millions of Americans into foreclosure- but no criminal prosecution. Ignore the 10% unemployment figures, ignore the US workers Read More

Funny, the description of Jordan sounds just like here.

It’s time Americans paid attention to our future- as played out in the Arab republics. While we wave the flag and claim ourselves a “democracy” there is very little democratic process in our elections which generally provide power to the highest bidder. How we have a congress full of millionaires is one of the mysteries Read More

Who is the thief?

A serial thief is accused of robbing an Oakwood bank of $1,610; he said in the note he had a gun, but didn’t show it: This is not (Timothy) Stewart’s first bank robbery arrest. He pleaded guilty to robbing two Dayton-area banks in 1999 and was sentenced to 9½ years in prison. He was released Read More

Bank of America? Live from Mumbai.

A friend was having problems paying their mortgage and called Countrywide/Bank of America to see if they could qualify for the federal assistance plan. They have a name for it- the “home retention program.” Of course, Bank of America bought Countrywide, after it went bust- while Angelo Mozilo, the CEO was making millions (he’s now Read More

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