Keyword: mozillo

Brevity: Headers | « Text »
  • Report: Countrywide won influence with [Dodd and Conrad] discounts

    07/05/2012 7:02:09 AM PDT · by Perdogg · 22 replies
    The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report.
  • A European Lynch Mob Is Coming For Bank of America

    10/24/2010 11:10:05 PM PDT · by smokingfrog · 8 replies
    Forbes ^ | 25 Oct 2010 | Matt Schifrin
    I pity CEO Brian Moynihan and the 284,000 other employees of Bank of America Corp (BAC). That includes 15,000 Merrill Lynch brokers who are still recovering from the financial crisis and now have to explain to their clients why they work for a firm that is at the epicenter of America’s housing crisis. Not only have they seen $80 billion in stock market value evaporate since April but they also have to suffer the humiliation of having a parent company bone-headed enough to pay $4 billion for Countrywide, the financial firm created by subprime mortgage pimp Angelo Mozilo. That mess...
  • ACTION EVENT - Saturday, March 7, 2009 New London, CT - Senator Chris Dodd Health Care Forum

    03/05/2009 8:17:55 PM PST · by Rick - WH · 4 replies · 544+ views
    Senator Chris Dodd Web Site ^ | 3/5/2009 | Rick-WH
    Join us for an appearance by Senator Chris Dodd and Representative Joe Courtney for Health Care Forum. Find out about the health care plan. A great opportunity to show Dodd and Courtney how you feel about their performance in Washington.
  • Where's the FBI? (weekend of 6/14) [more on sweetheart Loans to prominent Democrats!]

    06/14/2008 7:11:33 AM PDT · by Gritty · 36 replies · 181+ views
    The Market Ticker ^ | June 13, 2008 | Karl Denninger
    You're not going to believe this about Countrywide : "Senators Christopher Dodd, Democrat from Connecticut and chairman of the Banking Committee, and Kent Conrad, Democrat from North Dakota, chairman of the Budget Committee and a member of the Finance Committee, refinanced properties through Countrywide’s “V.I.P.” program in 2003 and 2004, according to company documents and emails and a former employee familiar with the loans. Other participants in the V.I.P. program included former Secretary of Housing and Urban Development Alphonso Jackson, former Secretary of Health and Human Services Donna Shalala, and former U.N. ambassador and assistant Secretary of State Richard Holbrooke....