No charges against ex-Countrywide chiefQuicklink submitted by Sheila Samples Permalink
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|Federal prosecutors have ended a criminal investigation of Countrywide Financial Corp. co-founder Angelo Mozilo without bringing any charges. In October, Mozilo agreed to a $67.5 million settlement to avoid civil trial on fraud and insider trading charges brought by the Securities and Exchange Commission, but prosecutors pursuing the criminal case against him found that his actions did not amount to crimes.|
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