Countrywide share sales under scrutiny (Independent)
Story date: 2007-10-16 06:06:07
Added on: 2007-10-16 13:27:48
Wall Street's watchdog, the Securities & Exchange Commission, has been asked to investigate whether Angelo Mozilo, the chief executive of America's biggest mortgage lender, illegally sold shares in his company, Countrywide Financial, ahead of the credit market meltdown that halved the stock price.
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