In this country if you have the best Lawyers money can buy and 23 million smacks to hand over as the fine....You stay OUT of prison. The Feds never demanded to know from Angelo Mozilo (Countrywide Loan CEO) the names of politicians who benefited from Countrywide's mortgage mess. Like Angelo, they stay out of the can, while the rest of us live with the ashes of their government supported lending. (Wall Street Journal)
Note: Angelo "Trust Me" Mozilo accepted a lifetime ban from ever serving as an officer or director of a public company. The settlement does not protect him from criminal charges, but don't count on any. This guy is going golfing.
I asked for some money and he told me he did not have any. Sounds like everyone else I know.....What's new.
Posted by: [email protected] | October 22, 2010 at 02:42 PM
This is why that crook & thief Chris Dodd retired. He got the sweetheart mortgage of all time from his pal in this story. Now Tax payers are funding 148 BILLION and counting.
Posted by: grn-o-salt | October 22, 2010 at 03:03 PM
HEY CHUCK LANDSCROTUM: SHUT UP. Can you or anyone else tell me exactly and specifically what this guy did that was wrong or illegal. And I mean specifically and detailed you idiots. Get off his back, he did nothing wrong. You guys are morons.
Posted by: Chuckierabinowitz | October 22, 2010 at 04:22 PM
Hey Chuckie...sounds like you might have missed an entire decade. Welcome back.
Posted by: Roger W. Morgan | October 23, 2010 at 05:56 AM
This crook & thief should be sharing a cell with Bernie. The story is beyond my imagination. Angelo Mozilo will never see a day behind bars, because he cut his deal. This smart & brilliant crook does not hand over 23 million cash with no deal.
Posted by: Steve Holder | October 23, 2010 at 06:25 AM
Besides the $22.5 million penalty he is also coughing up $45 million in disgorgement of ill-gotten gains. It must be nice to be able to write a check for $67.5 million to make your troubles go away. And to Chuckie hab no wits, I liked that Chuck Landscrotum comeback.
Posted by: Just my opinion | October 23, 2010 at 10:34 AM
Chuckie said: "Get off his back, he did nothing wrong"
Good God,......you would have forgiven Hitler.
You Sir,....are truly the Moron.
Posted by: SJW | October 23, 2010 at 12:26 PM
To: SJW
RE: Chuckie Rabinowitz
Sir,
Chuckie's comments are meant to be taken tongue in cheek, not literally.
:-)
Posted by: Just my opinion | October 25, 2010 at 05:24 PM