'Don' Mozillo one step closer to the noose

Discussion in 'Wall St. News' started by stock777, Oct 14, 2010.

  1. pays 67 mil not to be hanged
  2. Crime does "pay" and "justice" can be bought. :( :eek: :mad:
  3. drcha


    Mozillo is not going to be enough to satisfy me. I want to see Ken Lewis go to jail. I will crack the Don Perignon when that happens.
  4. Fact is, what some of us think is 'white collar crime' is 'business' to the thinking of those who run things now.
  5. I faintly recall that he made 120 mil. Still net 50+M..not a bad take.
  6. lindq


    This is meaningless to Mozilo. BAC pays most of his fine as per a contract when they bought Countrywide.

    And the SEC lets him walk without admitting any fault.

    What a joke. A complete farce.
  7. SEC fine booked under SG&A i.e. normal business expense rather than as an extraordinary item.