News
The man who became the face of the financial crisis.
June 15, 2009
Six years ago, Countrywide Financial Corporation was regarded with awe in the business world. No one had greater esteem for Countrywide’s success than Angelo Mozilo, its self-regarding chairman and C.E.O. “I love Warren,” he would sometimes say, before pointing out that an investor in Countrywide would have done far better than an investor in Warren Buffett’s Berkshire Hathaway.
Angelo Mozilo has reportedly been named a defendant in more than a hundred civil lawsuits and a target of a criminal investigation.
Read the whole story at Thew New Yorker