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Countrywide's Angelo Mozilo: A Portrait of Suspicious Insider Selling

P.S. to above post. It was after this new contract that he suddenly got "diarrea of the mouth" calling this worst RE market since the depression yada yada yada. So compenstation tied to price=smooth talking "im an old man, time to sell some stock" to they sky is falling.

Hang him high for all to see.

Countrywide's Angelo Mozilo: A Portrait of Suspicious Insider Selling

Angelo could use the time in jail to break his "suntan" habit. Seriously, the man makes enron look like boyscouts. I believe in the end, Angelo will be the new poster child for all that is wrong with wall street.

Interesting that he renegotiated his contract, removing stock price, equation giving him incentive to drive the price DOWN so he could buy back in cheaper.