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| 11:40 AM | ||
| Users Online Now: 2,213 (Who's On?) | Visitors Today: 689,964 | |
| Pageviews Today: 1,126,522 | Threads Today: 455 | Posts Today: 7,608 |
| 11:40 AM | ||
SEC staff said to seek fraud case against Angelo Mozilo | |
| paladin
Offer Upgrade  User ID: 678597  United States05/13/2009 09:21 PM Report Abusive Post Report Copyright Violation | Countrywide Financial Corp. founder Angelo Mozilo may be facing federal civil fraud charges, the Wall Street Journal is reporting this afternoon. From the Journal: Staff at the Securities and Exchange Commission have decided to recommend filing civil fraud charges against Mozilo, according to people familiar with the investigation. [link to latimesblogs.latimes.com]  |
| Anonymous Coward User ID: 678266 United States05/13/2009 09:28 PM Report Abusive Post Report Copyright Violation | |
| Andromeda User ID: 658410 United States05/13/2009 09:39 PM Report Abusive Post Report Copyright Violation | I know I'm supposed to feel great about this. But this action on behalf of tv "defrauded" shareholders falls a little flat when we're dishing out so much money to bail out these entities - when basically means their shareholders - when the real victims who are people stuck with overpriced mortgages are losing their homes or are trapped with losses. And congress or executive branch still won't act. |
| Anonymous Coward User ID: 516046 United States05/14/2009 07:07 PM Report Abusive Post Report Copyright Violation | I know I'm supposed to feel great about this. But this action on behalf of tv "defrauded" shareholders falls a little flat when we're dishing out so much money to bail out these entities - when basically means their shareholders - when the real victims who are people stuck with overpriced mortgages are losing their homes or are trapped with losses. And congress or executive branch still won't act. Quoting: Andromeda 658410Congress is a joke. |
