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Tag Archives: Villians

Small victory for the public in foreclosure mess?


 Maybe.  As Taibbi writes, it’ll depend on the actual wording of the settlement.  I’m less optimistic than he is about it.  I’m also curious where the money from said settlement would go? To the people who were affected by this perjury? Or to the State, for their use (ostensibly) in preventing and/or perusing offenders? Bookmark […]

Mozilo must pay $67.5M, but “nothing to see hear” on VIP mortgages…


So Angel Mozilo gets a hefty fine (well deserved), but the Senators who got sweetheart deals…well, there’s nothing to see there, so move on. UPDATE: The rabbit hole gets deeper, folks. Mozilo will not be required to pay a dime. Countrywide will pay $25M from a fund established to bail out the company from its […]