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Latest Eric Sieracki 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
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'