Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,831,906 times
Reputation: 6438
Advertisements
Washington, D.C., June 4, 2009 - The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former executives with securities fraud for deliberately misleading investors about the significant credit risks being taken in efforts to build and maintain the company's market share. Mozilo was additionally charged with insider trading for selling his Countrywide stock based on non-public information for nearly $140 million in profits.
SEC Charges Former Countrywide Executives With Fraud (http://money.cnn.com/news/newsfeeds/articles/djf500/200906041642DOWJONESDJONLINE000937_FORTUNE5.htm - broken link)
I would rather see him sentenced to a work crew to clean up trashed CW- owned foreclosure homes. His specialty could be toilets, sans a brush and gloves.
I'd rather see him forever broke, busted, penniless, etc...unable to even afford my 1400 sq ft home. That kind of sentence would probably have a profound effect on his life...forever.
I'd rather see him forever broke, busted, penniless...unable to even afford to purchase my 1400 sq ft home....a sentence like that should have a profound effect on his life forever.
I'd rather see him forever broke, busted, penniless, etc...unable to even afford my 1400 sq ft home. That kind of sentence would probably have a profound effect on his life...forever.
OK - I'm changing my vote. I think this would be a very appropriate sentence - along with other suggestions of cleaning toilets, roadside cleanup where you find all kinds of nasty and dead stuff. Let him live like that for the rest of his life.
Cleaning foreclosures for minimum wage for the next 20 years sounds like a great plan.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.