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	<title>BU Now &#187; Mozilo</title>
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		<title>Countrywide ex-CEO charged with fraud</title>
		<link>http://blogs.bu.edu/bunow/2009/06/05/countrywide-ex-ceo-charged-with-fraud/</link>
		<comments>http://blogs.bu.edu/bunow/2009/06/05/countrywide-ex-ceo-charged-with-fraud/#comments</comments>
		<pubDate>Fri, 05 Jun 2009 15:03:23 +0000</pubDate>
		<dc:creator>Dick Taffe</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Countrywide]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[insider trading]]></category>
		<category><![CDATA[Mozilo]]></category>
		<category><![CDATA[SEC]]></category>

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		<description><![CDATA[The SEC is charging mortgage pioneer Angelo Mozilo, the ex-CEO of Countrywide, with fraud and insider trading for actions that triggered the sub-prime meltdown.  School of Law Professor Tamar Frankel, an authority on securities law and legal ethics, says it&#8217;s about time the feds went after the big fish instead of just the &#8220;small fry&#8221; [...]]]></description>
			<content:encoded><![CDATA[<p><a title="The SEC is charging" href="http://www.bloomberg.com/apps/news?pid=20601103&amp;sid=al4QWAr2aHCs&amp;refer=news" target="_blank">The SEC is charging </a>mortgage pioneer Angelo Mozilo, the ex-CEO of Countrywide, with fraud and insider trading for actions that triggered the sub-prime meltdown.  School of Law Professor <a title="Tamar Frankel" href="http://www.bu.edu/law/faculty/profiles/bios/full-time/frankel_t.html" target="_blank">Tamar Frankel</a>, an authority on securities law and legal ethics, says it&#8217;s about time the feds went after the big fish instead of just the &#8220;small fry&#8221; because it&#8217;s clear signal to leaders that such action is unacceptable.</p>
<p>Contact Tamar Frankel, 617-353-3773, <a href="mailto:tfrankel@bu.edu">tfrankel@bu.edu</a></p>
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