The son of a butcher, Mozilo co-founded Countrywide in 1969 and built it into the largest mortgage lender in the U.S. Countrywide wasn’t the first to offer exotic mortgages to borrowers with a questionable ability to repay them. (TIME)
Archive for the ‘Financial crisis’ Category
25 People to Blame for the Financial Crisis
Posted by Curmilus Dancy II (Butch) on May 17, 2009
Posted in Financial crisis | Tagged: Financial crisis | Leave a Comment »
