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7 results for "Angelo Mozilo"

Getting rich failing: Only in America

Posted on January 28, 2008 @ 3:49 pm by David Esrati

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Saw this in the Dayton Business Journal today: Countrywide CEO to voluntarily give up $37.5M in severance – Dayton Business Journal: The chief executive of Countrywide Financial Corp. says he will give up $37.5 million in cash severance and other perks he would have gained from the company’s acquisition by Bank of America Corp. Countrywide Read More

Why it’s still the economy stupid.

Posted on January 14, 2008 @ 9:52 pm by David Esrati

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As a former US Army paratrooper, I know a little bit about parachutes. As a businessman, I know that profit is a return for risk. What I don’t understand is how a man who risked nothing personally, yet ruined the lives of thousands of employees, set our financial markets into a tailspin, is granted a Read More

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