Posted on 02/24/2011 1:28:38 PM PST by Mortrey
Mozilo's actions in the mortgage meltdown which led to $67.5-million settlement against him did not amount to criminal wrongdoing, federal prosecutors have determined.
(Excerpt) Read more at latimes.com ...
Who woudda thunk that?
Corruptocrats!
ping
I wonder what pseudonym he used when he made his ‘campaign contribution’ to The Obama and his posse...
Of Course ... Angelo knows where all the bodies are buried. Besides if Angelo TALKED, next to him in Prison would be ALL the DEMS in DC and probably 1/3 of the REPUBS!!!
Burying the evidence.
The Holder Justice Department doesn’t want this guy under oath in open court. It will open up a can of worms.
Maybe he’s a secret New Black Panther.
From what I know, I tend to agree with this conclusion.
However, this shouldn’t preclude federal prosecutors from taking a long look at the elected representatives and other Government employees who appear to have received special deals (compensation).
This is always great reading.
http://www.rushlimbaugh.com/home/daily/site_061608/content/01125114.guest.html
Keywords here - 1st one is corruption. How fitting. Ya can’t write fiction with more corruption than here in America from top to bottom.
OBAMA drops criminal probe of former Countrywide chief Angelo Mozilo............is more like it.........
He was only the bagman for Barney and Friends...
Were banks supposed to make loans to people with no prayer of paying them back, or not?
You can’t have it both ways.
The Fed actively punished banks that did not make “predatory loans,” AKA loans to people who were unqualified.
And once you open that door, EVERYBODY can walk through it.
There never was discrimination in the banking industry, as evidenced by the fact that the default rates for people of different races were the same.
Differing default rates would be evidence of discrimination, holding one group to a higher standard than another.
Mr. Mozilo was only doing what the Fed told him to do.
Yup, chief justice of the pResidency himself...ruler, er, ruiner of the entire free world.
Eventually, there will need to be a cleansing in this country—top down, bottom up!
How much did Holder have deposited in his Swiss bank account?
LLS
It’s nice to have corrupt friends in high laces...
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