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Angelo Mozilo Responds To Charges:: “No, No, No, We Didn’t Do Anything Wrong”

Tyler Durden's picture




 

If Angelo Mozilo's lawyers are to be believed, the former orange head of Countrywide can not be sued by the government (for civil purposes obviously, no former banker in the US can ever be held criminally liable under the Obama administration) because he is, well, sick. However, the same disease apparently does not prevent the 75 year old from giving 30 minute telephonic interviews, such as this one he granted to Bloomberg's Max Abelson before Labor Day from his 12,692-square-foot house in Santa Barbara, California.

A brief tangent: "interviews with Mozilo, 75, and three friends show what retirement looks like for a chief executive officer linked to the worst financial crisis since the Great Depression. Remaining out of public view like Lehman Brothers Holdings Inc.’s Richard Fuld or Jimmy Cayne of Bear Stearns Cos., Mozilo has submitted plans for Old West-style offices in California, taught students in Italy about finance, invested in a building in the Arizona desert that houses a Taco Bell and written about his life so that his grandchildren will “know the truth.

So what is the truth?

Here are some of the choice excerpts from the man who is "baffled by a new effort to punish him, proud of past triumphs and incensed by criticism."

“You’ll have to ask those people, ‘What do you have against Mozilo, what did he do?’” he said in a 30-minute call with Bloomberg News before Labor Day, one of his few interviews since the firm’s downfall. “Countrywide didn’t change. I didn’t change. The world changed.”

Mozilo doesn’t understand why he and his firm, blamed by lawmakers and authorities for lax underwriting and predatory lending, have been seen as villains.

“No, no, no, we didn’t do anything wrong,” he said, adding that a real estate collapse was the root of the crisis. “Countrywide or Mozilo didn’t cause any of that." Yes, the Moz talks about himself in the third person.

Revisionist history does not stop there at Casa Agent Orange. In fact revisionism is the only game in town:

He focused on his career’s highlights in the interview, recounting one business magazine calling Countrywide “The 23,000% Stock” and another naming him one of the most respected CEOs in the world.

 

“Go back and you’ll see that Countrywide was one of the most admired companies in the country,” he said. Mozilo added that he has “no idea” why the government is going after him again. “It’s unfortunate, but I try to make the best of it.”

 

“I don’t have a job, so I have to earn some money, and I do it through investments,” he said. Real estate is still the best option, he said. “Tides go in and out. This is just another tide.”

Perhaps it is time for CNBC to inquire the Moz-man just what stocks he is long here. The good news is that Mozilo's $500+ million of money is certainly not on the sidelines. As for his other investments, here is the answer:

One investment is a stake in a building that houses a Taco Bell outside Phoenix. Mozilo said he hasn’t eaten there because he stays away from chicken and beef.

 

Another is a project in Templeton, a small Southern California town where he’s requested permits to build a two-story retail and office building on a vacant lot. Architectural sketches show a style suited for a quaint Western main street.

 

“It’s a throwback to a century ago,” Mozilo said. “I love America. I love everything about America.”

 

He talks investments with his friend Ken Langone, a founder of Home Depot Inc. “Equities, asset-backed deals, railroad cars, oil and gas,” said Langone, 78. “Private equity, structured finance, you name it.”

But if you can't trade alongside Mozilo, you can surely learn finance from the man whose company has the reputation of being the worst M&A acquisition in history (a deal for which he should be commended: after all trillions in toxic crap is never easy to offload, even if the end buyer is the deadest of the brain dead banks, Bank of America, a deal for which it should forever cower in shame as a result of its impeccable "due diligence").

Mozilo decided to teach undergraduates what he knows about finance last year. The former trustee of Gonzaga University in Spokane, Washington, said he spent about two weeks in Italy at Gonzaga-in-Florence, housed in the Mozilo Center overlooking a 16th-century Medici garden.

 

“I taught them the basics of finance based on my own experiences,” he said. “I really enjoyed being among them. It was very refreshing for me.”

But the punchline of the profile with the orange glow is surely this:

"Two of his friends, former Countrywide director Robert J. Donato and fellow mortgage-industry veteran Howard Levine, praised his spirit. Levine, a friend for at least 50 years, said Mozilo gives a $5 bill to each homeless person he sees on New York’s Fifth Avenue when they visit from California."

It is unknown how many of these homeless people once used to live in a home with a Countrywide mortgage. In event, money goes full circle and all that.

In conclusion, while Moz is happy to wax philosophic about his life, and asked for a word that describes the state of his life he offered one before hanging up "peace", he will never do so again on the record in a court of law: his lawyers have told prosecutors that Mozilo is ill, the New York Times reported last month. "I’m 75, so I have some health issues that I’m managing,” he said in the call. “I have not gotten my death notice yet."

Or arrest warrant for that matter. Because it the New Wall Street Lackey Normal, there is justice for everyone, and then there are Wall Street criminals, who simply are too "systematically important", even if only for the tanning booth industry, to go to prison.

 

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Tue, 09/02/2014 - 15:43 | 5172531 himaroid
himaroid's picture

Gore should sue his ass for soaking up all the sun rays and causing global cooling.

Tue, 09/02/2014 - 15:57 | 5172612 johngaltfla
johngaltfla's picture

The orange faced piece of dog shit speaks only because he knows he purchased protection from the current and prior administrations. I hope he dies of anal cancer and/or Ebola. What a lying, steaming pile of crap.

Tue, 09/02/2014 - 15:59 | 5172617 NoDebt
NoDebt's picture

Don't hold back, John.  Tell us what you really think.

Tue, 09/02/2014 - 16:20 | 5172737 Ignatius
Ignatius's picture

He said "Give him to ISIS", I think.

Tue, 09/02/2014 - 16:41 | 5172850 Four chan
Four chan's picture

everyone in prison is innocent.

Tue, 09/02/2014 - 16:58 | 5172909 nope-1004
nope-1004's picture

Moz is a banker.  Bankers lie.  Moz is a liar.  F'n pumpkin head is squirming because he may face "house arrest" out at the Hamptons.

 

Tue, 09/02/2014 - 18:40 | 5173318 BringOnTheAsteroid
BringOnTheAsteroid's picture

If the love child of Mozillo and Largarde was a midget it'd be the closest thing you'd ever get to an Oompaloompa.

Tue, 09/02/2014 - 19:00 | 5172936 Escrava Isaura
Escrava Isaura's picture

Mozilo can't go to prison because he's a man of some color.

Everyone that needs to face him for more than five seconds, will die of laughing... That including the judge.

Tue, 09/02/2014 - 16:21 | 5172742 MalteseFalcon
MalteseFalcon's picture

I'll even bet Mozilo has a name for his penis.

"Mozilla" or "the Moz".

Tue, 09/02/2014 - 17:47 | 5173135 LasVegasDave
LasVegasDave's picture

Guy is a ringer for secratary of the treasury in the next administration

Tue, 09/02/2014 - 18:03 | 5173200 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Guy is a ringer for secratary of the treasury in the next administration

Nope. Too ethical.

"No, no, no, we didn't do anything wrong."

See what I mean?

Tue, 09/02/2014 - 17:48 | 5173138 August
August's picture

When things get serious, you have to lie.  (and who wouldn't, eh?)

Stay the course, Angelo, and don't go wobbly.  A First Class Guy... all the way!

Tue, 09/02/2014 - 20:01 | 5173637 Larry Dallas
Larry Dallas's picture

It's the debt, stupid! The debt was easy to get and cheap and a rising tide floats all boats.

When the tide went out (read RMBS stopped), everyone was swimming naked. Including him.

Tue, 09/02/2014 - 15:43 | 5172533 Stackers
Stackers's picture

He also seems to refer to himself in the royal "we" as well.

Tue, 09/02/2014 - 15:54 | 5172562 NoDebt
NoDebt's picture

Don't you love people who do that?  Makes you instantly feel like you can trust them.  Like they're good, stand up people who can sympathize with the common man-in-the-street (since they're the one who likely put them out on the street in the first place).

Tue, 09/02/2014 - 16:13 | 5172686 Ancona
Ancona's picture

This fucking oompa loompa truly does not think he did anything wrong. Time for  the defenestrations to begin.

Tue, 09/02/2014 - 15:45 | 5172541 Ghostdog
Ghostdog's picture

Moments ago, Dennis Gartman said he was getting long.......  Oh oh

Tue, 09/02/2014 - 15:47 | 5172551 i_call_you_my_base
i_call_you_my_base's picture

Just die already.

Tue, 09/02/2014 - 15:47 | 5172552 Goldilocks
Goldilocks's picture

"nothing's gonna change my world"
The Beatles - Across The Universe
http://www.youtube.com/watch?v=PN9n1bAahg4 (3:45)

Tue, 09/02/2014 - 15:51 | 5172555 JustObserving
JustObserving's picture
“No, No, No, We Didn’t Do Anything Wrong”


Where the fuck is karma? Making him look like an orange is not sufficient punishment.

Tue, 09/02/2014 - 15:51 | 5172579 NoDebt
NoDebt's picture

Same place it is for Jon Corzine.  Hosting a fund raiser for Hillary Clinton in the Hamptons last week.  (No joke, actually happened)

Tue, 09/02/2014 - 18:01 | 5173195 Blankenstein
Blankenstein's picture

Yep.  Remember the "Friends of Angelo"?

 

 

‘In June 2008, Conde Nast Portfolio reported that several influential lawmakers and politicians, including Senate Banking Committee Chairman Christopher Dodd, Senate Budget Committee Chairman Kent Conrad, and former Fannie Mae CEO Jim Johnson, received favorable mortgage financing from Countrywide by virtue of being “Friends of Angelo”.[15][16]

Senator Dodd received a $75,000 reduction in mortgage payments from Countrywide at allegedly below-market rates on his Washington, D.C. and Connecticut homes. Michael Moore’s Capitalism: A Love Story shows on film that this was actually over a million dollars of a sweet-heart mortgage deal.[15][17] Dodd nonetheless called for stronger regulation of mortgage lenders and proposed that predatory lenders should face criminal charges.[18]

‘Clinton Jones III, senior counsel of the House Financial Services Subcommittee on Housing and Community Opportunity, and “an adviser to ranking Republican members of Congress responsible for legislation of interest to the financial services industry and of importance to Countrywide.” was given special treatment. Jones is now state director for federal residential-mortgage bundler Freddie Mac. Alphonso Jackson, acting secretary of HUD at the time and long-time friend and Texas neighbor of President Bush, received a discounted mortgage for himself and sought one for his daughter. “In 2003, using V.I.P. loans for nearly $1 million apiece, Franklin Raines, Fannie Mae’s chairman and C.E.O. from 1999 to 2004, twice refinanced his seven-bedroom home, which has a pool and movie theater.”[18]‘

‘Though Mozilo donated extensively to both parties during the Clinton Administration, he himself was reportedly a registered Republican.[19] Speaker of the House Nancy Pelosi’s son Paul Pelosi, Jr. also received a loan with Countrywide. Barbara Boxer, Adam H. Putnam, Richard C. Holbrooke, James E. Clyburn, and Donna Shalala are among those with mortgages from Countrywide. CBS News has obtained the following list of then-Fannie Mae employees whose names have been turned over to investigators as having received VIP loans from Countrywide:[20]‘

 

http://en.wikipedia.org/wiki/Angelo_Mozilo#.22Friends_of_Angelo_.28FOA.2...

 

Tue, 09/02/2014 - 19:44 | 5173592 EmeraldWI
EmeraldWI's picture

I worked for Mozillo. Kent Conrad, an accountant who really never had a job outside government, received a multifamily loan for an apartment building (he invested in real estate). Countrywide didn't make that type loan except for VIP's. Conrad's voting record was conveniently bad. I wrote him a letter criticizing him and he wrote a two pager back denying that he was a crook.

The world seems to have forgotten Ronald Arnall. http://en.wikipedia.org/wiki/Roland_Arnall  I worked for him, too. There is no comparison. Bush made him an ambassador instead of sending his big donor to prison. Even after Ameriquest and it's spawn failed, the Bush administration pushed mortgage lending knowing what would happen. 

In the early 2000's, banks were in the process of cleaning their books of bad credit card loans with refi's. The first legislation picked up by Bush was bankruptcy reform in order to trap debtors into repayment. All the debt went to the home then the home went. All designed because declining incomes could not be reversed and still can't.

Tue, 09/02/2014 - 20:39 | 5173757 AmericaReturns
AmericaReturns's picture

My mom worked for him also. He screwed her out of her commission. She took him to court. He showed up. She lost. 

 

Tue, 09/02/2014 - 18:06 | 5173208 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Where the fuck is karma? Making him look like an orange is not sufficient punishment.

So what will it be, peeled, sliced, or squeezed?

Tue, 09/02/2014 - 15:48 | 5172558 Dr. Acula
Dr. Acula's picture

The article didn't say what he did wrong. I guess that means he did nothing wrong.

Tue, 09/02/2014 - 15:56 | 5172601 NoDebt
NoDebt's picture

You're not supposed to point out stuff like that.

Tue, 09/02/2014 - 16:06 | 5172653 RaceToTheBottom
RaceToTheBottom's picture

Ask the marketplace what he did wrong.

Tue, 09/02/2014 - 18:06 | 5173205 lunaticfringe
lunaticfringe's picture

Liar's loans, pick a payment loans, no qualifying at all loans, Friends of Angelo, packaging shit loans and selling them as AAA, bribing poilitucians, insider trading, and fleecing every mutual fund that owned a share. I could go forever. Mozilo should be in prison for life. In any non-banana republic- he would be.

Tue, 09/02/2014 - 15:49 | 5172561 Son of Captain Nemo
Son of Captain Nemo's picture

Nice tan!

Looks good on a guinea that got cancer from eating too much pussy! Or is that the "Jew"???

Tue, 09/02/2014 - 15:50 | 5172572 Bay of Pigs
Bay of Pigs's picture

My brother (an insurance investigator) is still getting fraud cases involving Countrywide crimes.

Mozilo is a pathological liar.

Tue, 09/02/2014 - 15:52 | 5172586 NoDebt
NoDebt's picture

Yeah, but the guy makes one HELUVA good web browser.

Tue, 09/02/2014 - 15:54 | 5172594 Seasmoke
Seasmoke's picture

I'm sure Brian Moynihan will get right on the fraud cases. 

Tue, 09/02/2014 - 18:12 | 5173225 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Mozilo is a pathological liar.

Lie of commision:
“I love America. I love everything about America."

Lie of omission:
"Especially that thing where you get away with things.”

Pathological is certainly an attribute that would apply here.

Tue, 09/02/2014 - 18:52 | 5173376 BringOnTheAsteroid
BringOnTheAsteroid's picture

Hey, if you could do what he did and get away with it why wouldn't you love America.

Tue, 09/02/2014 - 15:54 | 5172587 Debeachesand Je...
Debeachesand Jerseyshores's picture

You have to admire this DickHead for offloading CountryWide to those boatload of AssHoles at Bank of America aka Bank of Thieves etc..............

Tue, 09/02/2014 - 16:18 | 5172723 farmboy
farmboy's picture

You mean a screaming buy to "value"investor Buffy ?

Tue, 09/02/2014 - 15:55 | 5172596 cougar_w
cougar_w's picture

"Yes, the Moz talks about himself in the third person"

And he's hoping to spend time in prison in the third person, I bet.

Tue, 09/02/2014 - 16:02 | 5172609 Sophist Economicus
Sophist Economicus's picture

The truth of the matter is that Mozillo DIDN'T do anything 'wrong'.      Why did Countrywide lend all that money out to people with IQs of a dead plant?   'Cause the Gubbermint wanted them to.    One must go back to the early Clinton days, the arm twisting to 'force' banks to make loans (its only fair) to folks that could NOT qualify for the 'stringent, unfair 20% down, 28%-35% debt, FICO 680+, no bankruptcy' criteria.  Yup, and Freddie and Fanny were right there to scoop it all up so that the Countrywides of the world could keep doing it again.

Wonder who the Mozillo of the Student Loan and Auto crisis wil be.    Betcha it won't be the creeps down in DC.    Nope, they are public servants.....

Tue, 09/02/2014 - 16:08 | 5172659 i_call_you_my_base
i_call_you_my_base's picture

Horseshit, there was fraud up and down the line. They knew the loans could / would never be paid back and they granted them and sold them along to investors. At best it was control fraud, at worst it was criminal conspiracy / racketeering. Just because the government assisted in incentivizing the fraud, doesn't mean those who facilitated it didn't do anything wrong.

Tue, 09/02/2014 - 16:17 | 5172717 Bay of Pigs
Bay of Pigs's picture

Laws and regulations were flouted and broken with inpunity for years at that company.

How do people miss that? Amazing...

Tue, 09/02/2014 - 15:57 | 5172616 IridiumRebel
IridiumRebel's picture

i didn't know he was African American.

Tue, 09/02/2014 - 16:17 | 5172719 XitSam
XitSam's picture

He looks like a cartoon turtle.

Tue, 09/02/2014 - 16:31 | 5172799 Yen Cross
Yen Cross's picture

  He looks like a  Klingon-Jewish mix to me...

Tue, 09/02/2014 - 15:59 | 5172619 Haole
Haole's picture

UVA, BTChez

Tue, 09/02/2014 - 16:00 | 5172629 RaceToTheBottom
RaceToTheBottom's picture

His response is the guarantee that the Bankster execs will act the exact same way causing the upcoming bigger one.

Tue, 09/02/2014 - 16:05 | 5172648 Frank N. Beans
Frank N. Beans's picture

This is my final comment about this.

Tue, 09/02/2014 - 16:07 | 5172649 Hongcha
Hongcha's picture

He sold to fools who did not do their homework.  Fools get eaten in jungles like RRE.  And yes, they will do another bubble and in fact it is underway and I will avoid it every time like a Monrovian with a hacking productive cough.  We have family on the sell side in RRE just raking it on buyers' greed.

You can disclose everything and the fools will still buy.

Tue, 09/02/2014 - 16:14 | 5172700 farmboy
farmboy's picture

Anybody here familair with the term "negative amortization" accounted for as a plus for earnings even as payments are not made ?

Tue, 09/02/2014 - 16:17 | 5172713 buzzsaw99
buzzsaw99's picture

scumbag

Tue, 09/02/2014 - 16:22 | 5172752 MalteseFalcon
MalteseFalcon's picture

He may get a short stretch at club FED and a nominal fine, but most of his assets will remain intact.  Evil bankers, take note!!

Tue, 09/02/2014 - 16:28 | 5172780 QQQBall
QQQBall's picture

They have kicked the can down the road very well. He would have been tar and feathered in 2008

Tue, 09/02/2014 - 16:29 | 5172785 Shizzmoney
Shizzmoney's picture

Charles Manson didn't do anything wrong, either.  

Tue, 09/02/2014 - 17:01 | 5172925 MalteseFalcon
MalteseFalcon's picture

Manson owes me an acoustic guitar and some peyote buttons since the 60s.  Wait until he sees the size of the vig.

I'M COMING FOR YOU CHARLIE!!

Tue, 09/02/2014 - 16:47 | 5172876 Otto Zitte
Otto Zitte's picture

Welcome to CostCo. I love you.

Tue, 09/02/2014 - 16:53 | 5172896 NOTaREALmerican
NOTaREALmerican's picture

With a tan like that he belongs in SHOW BIZ!!!!

 

The butcher, the baker, the grocer, the clerk
Are secretly unhappy men because
The butcher, the baker, the grocer, the clerk
Get paid for what they do but no applause
They'd gladly bid their dreary jobs goodbye
For anything theatrical and why

There's no business like show business
Like no business I know
Everything about it is appealing
Everything the traffic will allow
Nowhere could you get that happy feeling
When you are stealing that extra bow

There's no people like show people
They smile when they're low
Even with a turkey that you know will fold
You may be stranded out in the cold
Still you wouldn't change it for a sack of gold
Let's go on with the show

Tue, 09/02/2014 - 17:01 | 5172928 Zerohedge fan
Tue, 09/02/2014 - 17:11 | 5172970 q99x2
q99x2's picture

Looks like he had more than one genetic mutation.

Tue, 09/02/2014 - 18:21 | 5173266 TheFourthStooge-ing
TheFourthStooge-ing's picture

Moziloid, he was a Moziloid
Happier than you and me
Moziloid, he was a Moziloid
And it determined what he could see

Tue, 09/02/2014 - 17:33 | 5173058 LFMayor
LFMayor's picture

Dindu Nuffins.

Is this a character or genetic fault that keeps popping up?

Enquiring Anthropologists want to know.

Tue, 09/02/2014 - 17:43 | 5173110 pashley1411
pashley1411's picture

He does have a point.

Once the Demos steps in between two parties of a transaction, it doesn't care about "justice"; just optics, and scape goats, and "the little guy".   

Corzine walks, even Greenspan will probably die in his bed, and yet Mozilo and Greenspan are two sides of the same distructive money-printing theory.  

Tue, 09/02/2014 - 17:43 | 5173117 esum
esum's picture


“No, No, No, We Didn’t Do Anything Wrong”  .....just ask Chris Dodd

Tue, 09/02/2014 - 17:48 | 5173139 Budd aka Sidewinder
Budd aka Sidewinder's picture

Mozilo is dying of the same heart attack Hyman Roth was dying of for the last 25 years

Tue, 09/02/2014 - 17:48 | 5173144 logicalman
logicalman's picture

Show me anyone in a similar position as this strange-coloured sphincter that's not a criminal and I'll show you a unicorn's balls.

Examples of homo sapiens such as this should be yanked from the gene pool - before they get chance to procreate.

 

Tue, 09/02/2014 - 18:15 | 5173243 I Write Code
I Write Code's picture

Mozilo didn't do anything wrong that was not also participated in by Presidents, Fed, Treasury, Congress, Goldman and all the major banksters in the world.  Testifying to this BofA started investing in Countrywide a year before the crash, they had all the data, and they still wanted to acquire the rest - at a steep discount.  Countrywide was late into the liar-loan market and only went in because otherwise they were simply undercut by everyone else in town.  Their timing was impecably bad, however.  Yes, the world changed.  Twice.  First to allow liar loans, and then to trash them.  Mozilo couldn't keep up.  Who could?

Tue, 09/02/2014 - 18:44 | 5173332 bitterwolf
bitterwolf's picture

Apologist.

Tue, 09/02/2014 - 18:41 | 5173324 bitterwolf
bitterwolf's picture

Mozilo ...look at this archetype of a bullshitter,con artist,salesman,douch bag...man his pic is in the fucking Merriam-Webster

Tue, 09/02/2014 - 18:56 | 5173385 orangegeek
orangegeek's picture

Would rather see Mozilo get cross checked in the face by Scott Stevens (ex NJ Devils) than to tolerate this unfolding gong show.

Tue, 09/02/2014 - 19:08 | 5173455 casfoto
casfoto's picture

Now that Ace Greenberg is gone to his reward, they should take Mozillo and make an example of him by putting some cement shoes on that asshole. He is absolutely a crook. I know of a swamp that has about 6 alligators that would just love to lunch on that jerk.....add a little sauce to his shorts so they eat the soft parts first.

Tue, 09/02/2014 - 19:47 | 5173600 FreeNewEnergy
FreeNewEnergy's picture

Well, well, well, I see my buddy Ange squirming just a little bit.

I guess if english clergyman, George Herbert, is correct in saying, "living well is the best revenge," then I might just qualify.

Two years before he died, my father took out a loan with CUNTrywide, a re-fi. Sadly, my dad was not in good health, but managed to make the first two years of payments on a 20-year loan. When he died, that stopped. I refused to pay one more penny to the crooks who nearly brought down the global economy.

Instead, I moved into my dad's pad, rented out my house and have been reaping the rewards of our system ever since. Not only has BofA sued for foreclosure (March 2010), but I sued them for fraud (June 2013). Both cases are pending, though neither of us makes a move. From my perspective, that's certainly understandable. I pay no mortgage and the bank pays the taxes (I love you guys). I've been able to get rid of debt and soon will be retiring. I work about 2-4 hours a day on my own schedule, and, though I am not rich, I am "living well."

As for the bank, well, they know they'll lose in just about any court of law. I have more than enough evidence. On the other hand, I think they hardly even care, so maybe the lawsuit will go into the deep rabbit hole of non-jurisprudence and their computers will still spit out monthly statements, telling me I owe $XXXXX.XX. It all goes into the file. In 19 more months, I will file a motion to have the case thrown out for lack of prosecution. I might get a court to agree that the laywers' deliquency does not allow them to stop the clock on SOL. There's case law on it. Maybe not. No matter what, I figure, five years (and running) of pretty weird, though easy, living, is a win for me.

So, for the sake of the rest of the people Mozilo and the government screwed, I do hope Ange has to give up some of that ill-earned cash. Maybe I'm not making the best of it, but I sure don't look as absurd or goofy as that orange creep.

And I don't have to lie. There's some comfort in that.

My father died on July 15, 2009. His birthday would have been this Thursday. He'd have been 90.

I write these notes from time to time as a kind of therapy. Living this way isn't really healthy, so I need to vent now and again. Thanks for allowing me this space.

Fuck you, Mozilo. See you in hell. 

Tue, 09/02/2014 - 22:42 | 5174110 Salsipuedes
Salsipuedes's picture

You have a "Court of Law"? Sounds great! Where is it?

Tue, 09/02/2014 - 20:02 | 5173638 SmittyinLA
SmittyinLA's picture

"I didn't do anything wrong because the CA legislature, Democrats, and US Congress are still sucking my dick"

 

Seriously no teeth Jerry and Kamala, be good take turns. 

 

 

 

 

Tue, 09/02/2014 - 20:21 | 5173668 Salsipuedes
Salsipuedes's picture

Tony...Tony, Tony Tony... like you never fucked a scapegoat.... Get oudda heah! You'll do maybe 6 months in a Penthouse and pay 1% vigor. But listen, make it look like you give a shit. Two Billion's a lotta 'pizzo', capiche?  See ya in St. Tropez in spring you crazy bastard! - George Hussein "Wild Bill" Wolfowitz Graham III, Roma, A Country in Europa.

Tue, 09/02/2014 - 20:55 | 5173801 VWAndy
VWAndy's picture

Where are the deeds boy and all the other docs showing where they went.

 Yup he would make an excelent ornament all orange an shit.

Tue, 09/02/2014 - 21:36 | 5173949 Stockmonger
Stockmonger's picture

Countrywide was a supplier for the Goldman-Lehman-Bear-Merrill CDO machine that sold AAA to investors.  They did what they were told.  Mozilo is the fall-Gentile.

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