Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn’t Going to Prison | Fox Lake Towing and Recovery

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Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn’t Going to Prison

by Abigail Field on Feb.23, 2011, under Towing

Nope, Angelo Mozilo won’t be serving time, no matter what the evidence shows. In fact, he won’t even face a trial. Wondering how the most convictable CEO among the titans who brought down the financial system is getting off so easy? The answer lies in the revolving door between Wall Street and its “regulators.”

Continue reading Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn’t Going to Prison

Justice Denied: Why Countrywide Chief Fraudster Mozilo Isn’t Going to Prison originally appeared on DailyFinance on Wed, 23 Feb 2011 09:50:00.

Filed Under: Columns, Economy, People, Investing, Market News

:@aoloriginal, Angelo Mozilo, BAC, BAC, MS, C, Bank of America, C, Columns, conflict of interest, Countrywide Financial, economy, eliot spitzer, Eric Holder, fraud, fraudulent lending, insider trading, Investing, jail, John Mack, Justice Department, Lanny Breuer, Market News, MERS, Morgan Stanley, mortgage backed securities, mortgage meltdown, MS, People, prison, prosecution, revolving door, SEC, Securities and Exchange Commission, securitization, subprime loans, White Collar Crime

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