lawsuits
Today, as expected, is a crappy day for former Countrywide CEO and co-founder Angelo "Orangey Orangerton" Mozilo. The SEC is suing Mr. Mozilo along with several of his colleagues, claiming that they profited from stock sales while hiding information from investors.
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ethics
When Chalace Lowry reported her suspicions that her boss was possibly engaged in insider trading, it
set off a four-month-long ordeal where she was questioned repeatedly by various departments within the company, outed to her boss as the snitch, and—when she subsequently requested a transfer—told she had 60-90 days to find a new position on her own or get out—not the most supportive response from a company that only a few months earlier sent her to a training seminar on corporate ethics.
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Consumerist
mortgage meltdown
