All Posts Tagged With: "Lee Mozilo"

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SEC Watchdogs Slept Through the Biggest Heist in History

The blogs are chattering about poor Lee Mozilo. He’s no Angelo, they say. The SEC claims he told investors that all was well in his company, Countrywide, while he was dumping shares.
We don’t know the details, so we wouldn’t rush to judgment. But our guess is that the SEC is trying to recover its reputation by putting on a few show trials.

June 10th, 2009 | Bill Bonner | 1 comment | Continued
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