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Will the Bronx Bomber and Tan Man, Mozillo, Be Indicted Criminally?


Guest ValueCarl
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Guest ValueCarl

Considering all of his dirty pool loans have been brushed under the Bank of America umbrella, this betting man is not very hopeful. At the same time, this agent of enterprise corruption greatly enhanced trade with China. They might give him a MEDAL of HONOR next.  >:(

 

Mozilo settled without admitting or denying any wrongdoing. Bank of America, which bought Countrywide in 2008, said it will advance $45 million to Mozilo for the settlement, as required by indemnification provisions.

"He's got a nice pile of cash and he can live the rest of his life, assuming he's not indicted, pretty well," said Michael Perlis, a former SEC attorney.

 

http://news.yahoo.com/s/nm/20101016/bs_nm/us_sec_mozilo

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