Speaking as (if) an attorney in SEC defense, I find it reprehensible that anyone could impugn the high-minded ideals and saintly ethics of the esteemed mortgage industry. Personally, I find it particularly distasteful to even suggest that leaders in this field could be civilly or criminally liable for their acts of selfless devotion to their industry and their stockholders.
Thankfully, the SEC agrees with me as they apparently find nothing wrong with Mr. Angelo Mozilo’s actions which have been nothing but transparent throughout this trying ordeal of the past few months. I believe Mr. Mozilo’s humanity is clearly exposed in the following link:
