U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 06-04-2009, 04:10 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 11,660,075 times
Reputation: 6255

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)
Quick reply to this message

 
Old 06-04-2009, 04:43 PM
 
Location: Olympus Mons, Mars
3,706 posts, read 6,432,797 times
Reputation: 3109
Fry him!
Quick reply to this message
 
Old 06-04-2009, 05:35 PM
 
Location: Hermoso y tranquilo Panamá
11,874 posts, read 8,016,233 times
Reputation: 47148
Quote:
Originally Posted by k374 View Post
Fry him!
Amen to that.
Quick reply to this message
 
Old 06-05-2009, 09:06 AM
 
Location: Barrington
32,206 posts, read 24,339,633 times
Reputation: 11108
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.
Quick reply to this message
 
Old 06-05-2009, 10:50 AM
 
19,466 posts, read 20,780,077 times
Reputation: 12998
I think he should be forced to tour the country, giving elementary kids lessons on the dangers of skin cancer.
Quick reply to this message
 
Old 06-05-2009, 01:16 PM
 
189 posts, read 301,924 times
Reputation: 166
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.
Quick reply to this message
 
Old 06-05-2009, 01:24 PM
 
189 posts, read 301,924 times
Reputation: 166
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.
Quick reply to this message
 
Old 06-05-2009, 02:59 PM
 
Location: Hermoso y tranquilo Panamá
11,874 posts, read 8,016,233 times
Reputation: 47148
Quote:
Originally Posted by gsfan View Post
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.
Quick reply to this message
 
Old 06-05-2009, 05:58 PM
 
Location: Columbia, SC
7,852 posts, read 15,079,122 times
Reputation: 4756
Cleaning foreclosures for minimum wage for the next 20 years sounds like a great plan.
Quick reply to this message
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.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:
Over $99,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate

All times are GMT -6.

© 2005-2016, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 - Top