Just like OJ, Mozillo is a free man

The man who's reckless consideration to risk, guided by his own ego, gets
away with helping creating the biggest bubble we'll most likely experience,
but serves no time. It's amazing that the criminal justice systems only
works for petty crimes (2 oz of illegal drug puts you away for 2 years, but
$2 trillion reduction to corporate wealth and nothing happens to you. The
justice system can wastes too much effort on minnows and lets the big fish
swim free. .

> DOJ Closes Investigation of Former Countrywide
CEO Mozilo

After paying a $22.5 million fine, and after Bank of America footed the bill
for a $45 million settlement on his behalf, former Countrywide CEO Angelo
Mozilo has had his name cleared. Criminally, at least. In October Mozilo
settled a civil lawsuit with the Securities and Exchange Commission for
$67.5 million, while not admitting or denying fault for his actions, which
the SEC says helped bring about the financial meltdown. The Justice
Department has reportedly closed its investigation of Mozilo that began in
2008, determining that those same actions were not criminal.
> > Read More



Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE
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