FYI... Countrywide junk mortgage mogul and Democrat crony Angelo Mozilo copped a $67.5 million plea to avert a high-stakes public trial in the heat of the midterm election season. They all need to go to jail. This is being swept under the carpet. ENOUGH. Michelle Malkin has the entire story.
1 posted on
10/18/2010 11:38:27 AM PDT by
BigFinn
To: BigFinn
and avoid any public humiliation in court. Riiiiigggghhhht.
2 posted on
10/18/2010 11:41:41 AM PDT by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: BigFinn
And they say crime doesn’t pay!
3 posted on
10/18/2010 11:41:56 AM PDT by
Wolfie
To: BigFinn
Did he agree to have a Court Master accompany him to any future travel to Luxembourg and Grand Cayman?
4 posted on
10/18/2010 11:44:48 AM PDT by
G Larry
To: BigFinn
So all that one must do when caught stealing is give back the ill gotten gains and everything is forgotten? When did we start doing that?
5 posted on
10/18/2010 11:45:16 AM PDT by
subterfuge
(BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
To: BigFinn
This is unbelievable!!! Bank of America is paying the fine in order to stay out of court.
From the article:
Both of the restitution payments -- $45 million from Mozilo and $5 million from Sambol -- will be paid on their behalf by Bank of America, which bought Countrywide after its 2008 collapse over junk assets.
7 posted on
10/18/2010 11:52:20 AM PDT by
earlJam
To: BigFinn
How much does this guy still have? If it’s anything, it’s too much. He probably raped people and investors for $100 MM and now he’s given back $67 million — that leaves $33 million in ill-gotten gains. Take it ALL!
This is the same deal that Franklin Raines (and Jamie Gorelick) got when he/she was/were looting the public via Fannie Mae. He walked away with a $120 MM parachute — and he ultimately had to disgorge $25-30 million. BIG DEAL! He walked away with $80+ million!
9 posted on
10/18/2010 12:09:35 PM PDT by
ReleaseTheHounds
("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
To: BigFinn
I used to use his web browser!
10 posted on
10/18/2010 12:59:15 PM PDT by
webheart
(I am a Sarah fan.)
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