Angelo Mozilo, Countrywide's CFC (NYSE) embattled CEO & Chairman, continues to feel the rage of investors and regulatory authorities. Earlier today, the pension plan run by the American Federation of State, County and Municipal Employees AFSCME called for Mozilo to give up his position as Chairman. The pension plan went on to call for an overhaul of Countrywide's practices for granting stock options.
The real question is whether Mozilo can remain in power at Countrywide.
For more see:
CNN
AFSCME
Reuters
Mortgage News Daily
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment