Friday, June 05, 2009

Mozilo Charged with Fraud

In 1997, I almost went to work for this man and his company. Some of my colleagues did go to work there. Now the company's gone under, and he's charged with fraud by the SEC. After my visit to his operation, I can't say that I'm surprised. It was a testosterone-infused money-money-money operation that left me feeling ill at ease. One time in my life when my gut instincts steered me in the right direction....

http://www.economist.com/finance/displaystory.cfm?story_id=13805607

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