SEC and Mozilo in talks to settle civil fraud case: report (Reuters)

Former Countrywide Financial Corporation founder and CEO Angelo Mozilo testifies before the House Committee on Oversight and Government Reform on Capitol Hill in Washington in this March 7, 2008 file photo. REUTERS/Kevin Lamarque/FilesReuters – Securities and Exchange Commission (SEC) and former Countrywide Financial Corp Chief Executive Angelo Mozilo are in discussions to settle the civil fraud case, the Wall Street Journal said, citing people familiar with the matter.

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