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Latest Angelo R. Mozilo Stories

2009-06-04 18:38:54

Countrywide Financial Corp. co-founder Angelo R. Mozilo and two former top executives were accused of fraud Wednesday by U.S. regulators. The Security and Exchange Commission filed a civil lawsuit in federal court alleging Mozilo, former president David Sambol and former chief financial officer Eric Sieracki failed to warn shareholders of the extent of risk the Calabasis, Calif., company was taking on during the housing boom, the Los Angeles Times reported. Mozilo, who was chief executive...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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