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More problems for Countrywide
As if mortgage-lender Countrywide Financial didn't have enough trouble. The subprime crisis lopped half the value of Countrywide stock this year. And now the SEC is informally investigating stock sales by the company's CEO. Angelo Mozilo gained $132 million in pre-arranged sales months before Countrywide shares plummeted.
Posted on October 18, 2007 4:52 AM PT | Permalink
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