sec.gov - 6/4/2009
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Former CEO Angelo Mozilo Additionally Charged With Insider Trading FOR IMMEDIATE RELEASE 2009-129 Washington, D.C., June 4, 2009— The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former executives with securities fraud for ...
securitiesdocket.com - 6/3/2009
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securitiesdocket.com —
SEC's Schapiro says there is "a logic and
efficiency that can be achieved between a merger of"...
SEC and CFTC; U.S. prosecutors several months away from deciding whether to bring case against Countrywide founder Angelo Mozilo; Gary Aguirre Claims Settlement With SEC Unraveled Due to His Criticism ...
(more)
Securities Docket A.M. News Wire for June 3, 2009
securitiesdocket.com - 6/9/2009
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securitiesdocket.com —
The Securities and Exchange Commission just hasn’t had
enough bad news recently, so last month the media...
piled on even more: a probe of insider-trading allegedly going on inside the SEC. Specifically, the agency’s inspector general has found evidence of “suspicious activity, appearances of ...
(more)
SEC Heal Thyself: Compliance Program Revamped
securitiesdocket.com - 6/2/2009
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securitiesdocket.com —
Today, SEC Chairman Mary Schapiro testifies before the
U.S. Senate Committee on Appropriations’ Subcommittee on Financial Services...
and General Government. A copy of her prepared testimony is available here. Key sections of her testimony are laid out below: »»REINVIGORATING SEC ...
(more)
Today’s Testimony of SEC Chairman Mary Schapiro Before ...
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SEC accused Angelo Mozilo of securities fraud, insider trading
FT Alphaville —
The US Securities and Exchange Commission on Thursday accused Angelo Mozilo, Countrywide’s former CEO of wide-ranging securities fraud and of insider trading. The civil lawsuit also names former Countrywide president David Sambol and former CFO Eric Sieracki. From the statement , emphasis FT Alphaville’s: Washington, D.C., June 4, 2009 - The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former executives with securities fraud for deliberately misleading investors about the significant credit risks being taken in ...
SEC accuses Angelo Mozilo of securities fraud, insider trading
FT Alphaville —
The US Securities and Exchange Commission on Thursday accused Angelo Mozilo, Countrywide’s former CEO of wide-ranging securities fraud and of insider trading. The civil lawsuit also names former Countrywide president David Sambol and former CFO Eric Sieracki. From the statement , emphasis FT Alphaville’s: Washington, D.C., June 4, 2009 - The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former executives with securities fraud for deliberately misleading investors about the significant credit risks being taken in ...
S.E.C. Accuses Countrywide's Ex-Chief of Fraud
DealBook —
The government is charging Angelo R. Mozilo, the former chief executive of the mortgage lender Countrywide Financial , and two other company executives with civil fraud. The Securities and Exchange Commission said Thursday afternoon that its case also accused Mr. Mozilo of illegal insider trading. Countrywide was a major player in the subprime mortgage market, the collapse of which in 2007 touched off the financial crisis that has gripped the American and global economies. Mr. Mozilo is the highest-profile person to face formal charges from the federal government in the wake of the crisis, The Associated Press reports. Mr. Mozilo has ...
SEC Officially Charges Angelo Mozilo With Insider Trading
Dealbreaker —
Press release (and excerpts from the Tan Man's emails):
SEC Charges Former Countrywide Executives With Fraud
Former CEO Angelo Mozilo Additionally Charged With Insider Trading
FOR IMMEDIATE RELEASE
Washington, D.C., June 4, 2009 -- The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former executives with securities fraud for deliberately misleading investors about the significant credit risks being taken in efforts to build and maintain the company's market share. Mozilo was additionally ...
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...
Wonk Watch —
The Big Money 6/4/2009
Brad DeLong Took the day off.
Paul Krugman Took the day off.
Barry Ritholtz Nothing of especial wonkiness but did link to this above-average what-caused-the-collapse chart that made it into his book.
Felix Salmon Thanks to all these ...
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