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Angelo Mozilo, Former Countrywide CEO, Claims He Doesn’t Know What ‘Verified Income’ Is

rollingstone.com / By Matt Taibi / December 28, 10:25 AM ET

Another day, another corporate titan suffering from devastating amnesia. This time, the memory-loss patient is none other than Angelo Mozilo, the former CEO of Countrywide Financial.

Deposed in the landmark lawsuit between the monoline insurer MBIA and Countrywide/Bank [...]

The Farce Is Complete: In The Case Of Countrywide, Congress Finds Itself Innocent Of Being “Friends Of Angelo”

zerohedge.com / By Tyler Durden / December 27, 2012, 20:40

Just when you thought the seemingly endless rabbit hole of Wall Street-Washington corruption, cronyism, co-option, crime and kickbacks may have finally come to an end, here comes the House Ethic Committee to pronounce that no ethics breaches were found among House members [...]