Angelo Mozilo: Lover, Friend, Prophet
Angelo Mozilo, June 26, 2008: “Bank of America will reap the benefits of what we have sowed.”
August 31, 2011:
Bank of America paid $2.5 billion to buy Countrywide, but writedowns and legal costs have pushed the estimated cost of that purchase to more than $30 billion.
Nevada, U.S. regulator challenge BofA on [Reuters]
Earlier: Angelo Mozilo More Or Less Suggests Bank Of America Stock Up On Lube