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Angelo Mozilo, Countrywide Financial CEO who became face of 2008 crisis, dies at 84

Por: Los Angeles Times Business July 19, 2023

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Angelo Mozilo, who propelled Countrywide Financial Corp. to become the largest U.S. mortgage lender during the housing boom only to see the company crash in the 2008 financial crisis, has died. He was 84. He died Sunday of natural causes, said his son, Mark. The housing bubble that burst in 2008, sending the U.S. economy into a recession and erasing almost $8 trillion in value from the stock market, was built on exceptionally cheap and available... + full article



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