Angelo R. Mozilo

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Dictionary Says

Definition of 'Angelo R. Mozilo'

The co-founder, former chairman and former CEO of mortgage lender Countrywide Financial Corp. Born in 1938 in New York City, Mozilo co-founded Countrywide with David Loeb in 1969. By 2004, he had made Countrywide the largest mortgage originator in the United States, with a 13.1% market share. In 2008, Mozilo's last year with the company before it was purchased by Bank of America, Forbes named Mozilo the fourth-highest-paid CEO in the United States.
Investopedia Says

Investopedia explains 'Angelo R. Mozilo'

The Securities and Exchange Commission charged Mozilo with securities fraud and insider trading in 2009. He was also accused of helping politicians to finance mortgages at terms more favorable than those available to the public.
Search results for

'Angelo R. Mozilo'

  • Golden Stock Parachutes: Execs Cashing Out - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0509/Golden-Stock-Parachutes-Execs-Cashing-Out.aspx
    ... According to the LA Times, Angelo Mozilo, the former Countrywide CEO, sold over
    $140 million in company stock in the last couple of years before Countrywide ...

  • The Tip Of The Mortgage Crisis Iceberg

    http://stocks.investopedia.com/stock-analysis/2007/The_Tip_Of_The_Mortgage_Crisis_Iceberg_CFC.aspx
    ... headlines. Countrywide's CEO Angelo Mozilo was quoted as saying that a turn
    in the US housing market might not come until 2009. Then ...

  • 5 People Blamed For The Financial Crisis - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0211/5-People-Blamed-For-The-Financial-Crisis.aspx
    ... Many bank CEOs deserve blame for aggressively steering their companies into bad
    lending practices, but Countrywide's Angelo Mozilo may deserve an extra share. ...

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