Angelo Mozilo, the former CEO of Countrywide Financial, is in talks with the SEC about a possible deal that could let him avoid standing trial for fraud charges, The Wall Street Journal said.
Talks between Mozilo, two other former executives and the SEC seem to be moving towards a settlement, The Wall Street Journal said without naming its sources. A status conference has been ordered for today,…
Continue reading Mozilo in Settlement Talks With SEC on Fraud Charges
Mozilo in Settlement Talks With SEC on Fraud Charges originally appeared on DailyFinance on Fri, 15 Oct 2010 07:29:00.
Filed Under: People, Bank of America, Credit