Countrywide’s Angelo Mozilo: He Warned Us—But Washington Didn’t Want To Know
The Securities and Exchange Commission filed an insider-trading civil suit earlier this month against perhaps the most widely loathed wheeler-dealer of the Housing Bubble: Angelo Mozilo, co-founder and longtime CEO of Countrywide Financial Corporation, the largest mortgage lender at the peak of the boom. The Economist writes: “As is the way these days, the SEC’s case rests largely on internal emails.” [ Accusing Angel