Tuesday, July 01, 2008
E. Scott Reckard, Los Angeles Times,
E. Scott Reckard, Los Angeles Times,
Countrywide’s Mozilo exits stage a fallen hero
The mortgage loan empire he created flies a new flag Tuesday as the lender is absorbed by Bank of America.
Angelo R. Mozilo struggled last week to bid farewell to No. 1 home lender Countrywide Financial Corp., the company he led for 39 years only to see it toppled by misadventures in high-risk mortgages.
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Posted by Editor on 07/01/08 at 06:47 PM •
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