Reuters – Former Countrywide chief Angelo Mozilo agreed to a settlement of $67.5 million to resolve charges of duping the home lender’s investors while lining his own pockets, but Bank of America Corp will pick up two-thirds of the tab.
Mozilo settles Countrywide fraud case at $67.5 million (Reuters)
Posted by Yahoo! News: Stock Markets News on October 15th, 2010