The New York Times
Fri, October 15, 2010 -- 2:42 PM ET
-----
Countrywide's Former Chief in Settlement of Fraud Case
Lawyers have told the Associated Press that Angelo Mozilo,
the co-founder of Countrywide Financial Corporation, and two
other defendants have reached an agreement with federal
regulators to settle civil fraud and insider trading charges.
The settlement was announced at a hearing on Friday in
federal court in Los Angeles.
Countrywide was a major player in the market for high-risk
subprime mortgages that helped touch off the financial
crisis.
Read More:
http://www.nytimes.com?emc=na
-----
Now get New York Times breaking news alerts sent to your mobile phone.
Sign up by texting NEWSALERTS to 698698 (NYTNYT).
-----
About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.
To unsubscribe, change your e-mail address or to sign up for daily headlines
or other newsletters, go to:
http://www.nytimes.com/email
NYTimes.com
620 Eighth Ave.
New York, NY 10018
Copyright 2010 The New York Times Company
No comments:
Post a Comment