Countrywide CEO Angelo Mozilo Forfeits $37.5 Million In Pay

MY COMMENT: Is this an ethics issue? Would you walk away from $37.5 million if you were entitled to it? I’m not saying that you deserved it, but it was yours for the taking. What does this say about his character? Angelo, if you see this or hear about it, contact me. I want to interview you for another publication.

He “also walked away from $400,000 per year he was to be paid under an agreement to serve as a consultant to the company following his retirement, and perks including the use of a private airplane.”

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One Comment on “Countrywide CEO Angelo Mozilo Forfeits $37.5 Million In Pay”

  1. LemonMeister Says:

    KB Home and Countrywide in bed together. Mozilo was here too! KB Home Bruce Karatz on trial for stock manipulation.


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