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Depressed Lady Loses Benefits Because Of Her Facebook Photos

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      mortgage meltdown

      Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC

      By Meg Marco, 4:07 PM on Thu Jun 4 2009, 3,729 views

      His extreme orangeness, former CEO and founder of Countrywide Home Loans Angelo Mozilo, is about to be slapped with civil fraud charges, according to the Wall Street Journal.

      The WSJ says that the SEC has already informed Mr. Orangeface of their intention to file insider trading and disclosure violations.

      Other Countrywide executives, including former president David Sambol are also about to have very bad days.

      SEC Expected to Approve Civil Charges Against Mozilo [WSJ]

      Read More: mortgage meltdown, angelo mozilo, Orange, Countrywide, Bank of America, jerks, Ceo, Ex ceo, Boa, countrywide home loans, Fraud, Sec, Insider Trading

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