So, you know how everyone is all demanding of apologies from our inept CEOs and whatnot? Obviously they're pretty much SOL. But you know what I kind of feel like would be even better than a sincere apology for supposed wrong doings? A series of dog and pony shows modeled after that of the Juice. It took several murders and a bunch of armed robberies to get us here but above we have a fairly glorious faupology from OJ Simpson, who just got 15 years in prison. The big guy breaks out all the stops, including fake near tears and the truly awesome argument that "I didn't want to hurt any of these guys...they've eaten in my home, I've done book reports with their kids, I've sung to their mothers when they were sick, I just wanted my stuff back...I didn't know I was doing anything illegal, I thought I was just confronting friends and retrieving my property."
Before He Goes to Prison: O.J. Is Very, Very Sorry [Gawker]
Angelo Mozilo: Countrywide Was The Cadillac Of Mortgage Lenders
In June 2008, Countrywide founder and CEO Angelo Mozilo stood before a group of CFC shareholders and, through salty tears, told them that Bank of America would "reap the benefits of what we have sowed." He wasn't kidding, and in the 4+ years since Ken Lewis paid $4 billion for the place, BofA has had the pleasure of ponying up an additional $40 billion (and counting) in write-downs and legal fees associated with cleaning up Countrywide's messes, while CEO Brian Moynihan has publicly described the acquisition as an albatross around his neck. Additionally, Ang Moz forked over $67.5 million in 2010 to "resolve SEC claims that he misled investors," and separately, there has been talk by some that Countrywide contributed in no small way to the worst financial crisis since the Great Depression. In light of all that, does Ang Moz, have any regrets about the way his company was run? Not a fucking one and if he had to do it all over? He wouldn't change a thing.