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  • Countrywide CEO Waives Massive Severance Package

    One of the more colorful characters in the ongoing subprime drama has given in to pressure and announced that he will forfeit about $37.5 million in severance pay and perks that were to accompany his retirement. Angelo Mozilo , CEO of Countrywide Financial Corporation was scheduled to receive over $36...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Mon, Jan 28 2008
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