Sen. Schumer urges SEC expand Countrywide probe
Thursday, October 18, 2007; 4:54 PMWASHINGTON (Reuters) - Sen. Charles Schumer, a New York Democrat, said on Thursday an investigation of Countrywide Financial Corp’s chief executive should be expanded to include the company.The Securities and Exchange Commission should “expand its informal probe of suspicious stock sales by Countrywide CEO Angelo Mozilo to include the company itself, which may have taken steps to enable Mozilo’s stock dumping as the subprime crisis heated up and Countrywide’s stock prices plunged,” Schumer said in a statement.The request comes after reports surfaced the SEC has opened a probe into Mozilo’s stock sales and adds to the growing woes at the nation’s largest mortgage lender.Schumer asked the SEC to look at whether Countrywide tried to push up the stock price for Mozilo and whether the company misled investors by failing to disclose that Mozilo was misusing an SEC provision to dump his shares
The problem here sulith for Spitzer is the operation was in DC thus crossing a State line for and illegal act is his problem.
I mean $5,000.00 per hour wonder if they charge by the second?
IN addtion FBI on it you may have and money laudering, and other laws that have been broken.
How dumb a ex-prosecuter is to get a little ont side travels out of state puts part of the tab on a credit card moving money from out of state on and on.
From the look on his wifes face he may not live long anyway if looks could kill. OH well time will take care of it. He should at least resign. As should Craig, and Vitter. Looks like I listed about every one in public office as some bankers think they are. IMHO jlre2
Re: "I'm always suspicious of people like you that go around talking about "moral compasses". You are usually the biggest hypocrites and have mega skeletons in your closet."
You can be as "suspicious" as you want to be. Point is, that's a piss-poor response. You stepped on your wee-wee, outing yourself, and now you're trying to back & fill. Lol.
As far as I know, being a "John" doesn't get one jail time, even in New York. I'm sure there are a couple posters here who only get laid if they PAY for it.
As far as Spitzer; just another example of the nest-feathering, thieving parasites that pass for "statespersons" in our day & age. No moral compass.
Re: "When the gangs know on Sulith's door, he'll probably greet them with a bowl of candy in his hand."
Presumably, you mean "knock" instead of "know." Trust me. Ginen "social unrest", shoud any "gang" be trespassing in my 'hood, they'd never GET to my door.
That is who I read then Rocky, as usual did not read deap enough into all the message. Made a mistake so my fault. Bad Subject matter but still my mistake hate that violence stuff. See better quit had my day here. Have a good one. jlre2