NEW YORK (MarketWatch) -- Besieged subprime lender Countrywide Financial Corp. is being investigated by the Federal Bureau of Investigation for possible securities fraud, according to a news report Saturday. http://www.marketwatch.com/news/sto...x?guid={4145FC3B-8CBC-4030-A8A8-FEE8B2C879F7}
Mozillo will be the token prosecution like Lay or Denis K, everyone else on Wall St will continue as before, barely glancing up from the trough if he is found guilty and sentenced. They will find another area that has not been regulated yet and push that.