June 25 2026

BofA Settlement Does Not Spare Countrywide’s Mozilo

Though his company is long since gone, having been sold to Bank of America in 2008, former Countrywide Financial CEO and co-founder Angelo Mozilo is not covered by BofA's recent settlement. U.S. attorneys are apparently preparing a civil lawsuit against the man who reportedly earned more than $500 billion between 1999 and 2008. [8/22/14]