Angelo Mozilo To Pay SEC $67.5 Million For Pesky Little Fraud Charges To Go Away
As part of the settlement, the regulator agreed to allow the Countrywide founder to drop the money in small denominations from his private jet, over a cattle ranch in Montana, where SEC staffers will have 30 minutes to scurry around picking up every ever last bill,** en route to a much needed visit to Fresno, where Moz likes to pop in every now and then for the ego boosts derived from thinking about how many people he and his associates fucked in town. [CNN Money]
**Gotta let him have a LITTLE fun, given how disproportionately harsh the sentencing was to the crime, which people can hardly even remember.