Mozilo says he and Countrywide did nothing wrong

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Angelo Mozilo says he and Countrywide did nothing wrong

Angelo Mozilo says he and Countrywide did nothing wrong

USA TODAY-

Countrywide Financial founder Angelo Mozilo says he’s puzzled amid reports that federal prosecutors may file a civil lawsuit against him for suspected financial failings during the years leading up to the nation’s financial crisis.

The former head of what was the nation’s largest mortgage lender told Bloomberg News in a Labor Day interview he has “no idea,” why the government may pursue new charges against him.

“It’s unfortunate, but I try to make the best of it,” he said.

[USA TODAY]

image: Susan Walsh – AP

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