September 17, 2010 at 06:46 AM EDT
Former Countrywide CEO Must Face Trial, Judge Says
Angelo Mozilo, former CEO of Countrywide Financial Corp., must face trial on charges he misled investors about the risks associated with subprime lending, a judge in Los Angeles ruled. U.S. District Judge John F. Walter denied requests from Mozilo and two other former Countrywide executives for a ruling that there were no genuine issues to be tried, Bloomberg News said. The case is now set for... Continue reading Former Countrywide CEO Must Face Trial, Judge Says Former Countrywide CEO Must Face Trial, Judge Says originally appeared on DailyFinance on Fri, 17 Sep 2010 06:46:00. Filed Under: Company News , People , Investing , Bank of America , Credit , Retail Permalink | Tweet this! | Comments
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