60 Minutes Breaks Countrywide Story

Discussion in 'Economy' started by BDBoop, Dec 6, 2011.

  1. BDBoop
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    BDBoop BANNED

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    Don't harsh my zen, Jen!
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    I Heart Chaos — 60 Minutes:

     
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  2. gallantwarrior
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    gallantwarrior Gold Member

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    Watch what? Link please?
     
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  3. BDBoop
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    BDBoop BANNED

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    That is the link, there's a video on it.
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Chris Countrywide Dodd
     
  5. MeBelle
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    MeBelle Mebellien Mothership © Supporting Member

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    I am confused here. Countrywide/Angelo Mozilo was held accountable.

    Countrywide CEO Mozilo settles with SEC for $67.5M - CSMonitor.com
    Countrywide Financial Corp. co-founder Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on civil fraud and insider trading charges that alleged he profited from doling out risky mortgages while misleading investors about the risks.

    Two other former Countrywide executives also settled before trial next week on charges filed by the Securities and Exchange Commission.
    ~~~~~~~~
    Twelve minutes into the video the DOJ defends itself for not prosecuting. :(
     
    Last edited: Dec 6, 2011
  6. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    [​IMG]
     
  7. RetiredGySgt
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    RetiredGySgt Diamond Member

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    You mean Obama supporter and die hard fan BDBoop is mad at Obama's Justice Department and Democratic Senator Dodd? Must be some other reason.
     
  8. editec
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    editec Mr. Forgot-it-All

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    Yeah, it is disgusting that these execs have gotten away with this.
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Jim Johnson at Fannie and Mozilo were bffs for life!
     
  10. Mad Scientist
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    Mad Scientist Feels Good! Gold Supporting Member Supporting Member

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    That's why he retired isn't it Frank? Almost 4 years late but it's good to see our Liberal friends like BDBoop are waking up!

    Congress is the most corrupt institution in the history of the world.
     

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