Rainmaker Mozilo Exits Under a Cloud

208142 Resource 199230 199384 199384 1214712698336 1214749860744 Controlled Countrywide Home Loans

Angelo Mozilo Steps Down

Recent stories have covered Countrywide Home Loans on a wide variety of topics.Amazing was a recent story in Crain's where readers were not only positive about Countrywide, several readers thought the Bank of America deal was the deal of the decade.Here are some questions on Countrywide:1) During the high time of the real estate market, how did their loans impact mortgage backed securities?2) What impact did their business practices have on global banking?3) How much responsibility do they have for the global credit crunch?4) If the founder and top executive started selling shares in December 2006, why did wall street and financial markets continue supporting Countrywide?With regard to Angelo Mozilo stepping down this coming week as the Bank of America transaction completes, It's about time.See the link below for the story.Don't Miss the Bus! TM© RepoHomeTourChicago.com - All Rights ReservedTrademark & Patent Pending 9 application/xml false angelo mozilo bank of america countrywide countrywide home loans Rainmaker Mozilo Exits Under a Cloud Exit Stage Left http://online.wsj.com/article/SB121461338623712687.html?mod=djemRealEstate Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 4.0) 127.0.0.1 127.0.0.1 wdiehl 72.244.156.49 false true false false true 199303 false false true false false false true 199230 blog blogsite/RepoHomeTourChicago/web