October 17, 2007
SEC Investigating Countrywide Financial CEO's Stock Sales
Somehow we knew this was coming -- the SEC is conducting an informal investigation into the stock sales by Countrywide Financial Corp. CEO Angelo Mozilo, who reportedly sold $130.6 million worth of shares in the first half of the year under a Rule 10b5-1 plan. WSJ, SEC Investigating Mozilo Stock Sales.
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