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: Securities Law Prof Blog

Countrywide Financial ECO Will Forfeit $37.5 Million in Severance Pay, Benefits

By Securites Lawprof

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Angelo Mozilo, chair and CEO of mortgage lender Countrywide Financial Corp., and the public face of the mortgage crisis, will forfeit $37.5 million of severance pay and benefits in response to political outrage. He is expected to step down when...

Full post as published by Securities Law Prof Blog on January 28, 2008 (boomark / email).

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