Comments for Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC

Lawsuits: Countrywide Ex-CEO To Feel Wrath Of SEC

2009-06-05T01:07:39Z

His extreme orangeness, former CEO and founder of Countrywide Home Loans Angelo Mozilo, is about to be slapped with civil fraud charges, according to the Wall Street Journal.

The WSJ says that the SEC has already informed Mr. Orangeface of their intention to file insider trading and disclosure violations.

Other Countrywide executives, including former president David Sambol are also about to have very bad days.

SEC Expected to Approve Civil Charges Against Mozilo [WSJ]

Comment from carlos_the_dwarf on 2009-06-05

2009-06-05T20:41:00Z

Who's going to give Chris Dodd his sweetheart mortgages now?

Comment from boxjockey68 on 2009-06-05

2009-06-05T08:39:06Z

Good lord keep that man out of the tanning salon

Comment from Elvisisdead on 2009-06-05

2009-06-05T05:50:05Z

Even if they do indict him, they'll never get all the $.

Comment from Shoelace on 2009-06-05

2009-06-05T05:06:19Z

He's had plenty of time to set up offshore accounts and buy a private island. If the heat gets too hot, bet he'll 'mysteriously disappear'.

Comment from savdavid on 2009-06-04

2009-06-05T04:32:58Z

That greedy criminal. Damn! He even looks like a Mafia guy.

Comment from runswithscissors on 2009-06-04

2009-06-05T04:20:22Z

Wait, I thought guys like him were above the law?

Comment from H3ion on 2009-06-04

2009-06-05T03:44:27Z

On the other hand, after the Madoff fiasco, I don't think the SEC is going to settle for wrist slaps and 15 minutes in the time out corner.

Comment from econobiker on 2009-06-04

2009-06-05T03:12:57Z

I think he has too many politicians phone numbers saved on his cell phone to go to jail. Unless he slaughters and eats a family of four but even then he might get off on a stress related defense...

Comment from Coles_Law on 2009-06-04

2009-06-05T03:06:41Z

@laserjobs: At least going into hiding isn't an option for him. You could see that color orange from orbit.

Comment from m4ximusprim3 on 2009-06-04

2009-06-05T01:53:56Z

@laserjobs: After they give him the squeeze.

you know, cause he's orange? ..... *sigh*

Comment from Dan Stirling on 2009-06-04

2009-06-05T01:49:09Z

And when they go after the Fannie Mae & Freddie Mac execs I'll believe they really mean business.

/not holding my breath

Comment from Tom_Servo on 2009-06-04

2009-06-05T01:47:54Z

He reminds me of the big-foreheaded aliens from the MST3K Movie 'This Island Earth'

Comment from lecheentucereal on 2009-06-04

2009-06-05T01:41:46Z

[hoopedia.nba.com]

Comment from Daniel Parmelee on 2009-06-04

2009-06-05T01:37:37Z

[www.encyclopediadramatica.com]

Comment from laserjobs on 2009-06-04

2009-06-05T01:34:15Z

Tangelo Mozilo go to jail will never happen. Probably get a $1 fine from the SEC and be back on the yellow brick road.

Comment from Anonymous on 2009-06-04

2009-06-05T01:32:20Z

@KyleOrton: I vote Oompa Loompas, and by the way that made me snort root beer out of my nose.

Comment from JayCutlerhurtsmyhead on 2009-06-04

2009-06-05T01:24:05Z

Spray tan? With what he made? The man either eats gold or Oompa Loompas.

Comment from LegoMan322 on 2009-06-04

2009-06-05T01:15:11Z

Sweet...I wonder if I can get my interest back from Countrywide. He has to use that spray on tan shit. he really is orange.