2012-12-13 — dealbreaker.com
``As for trying to pin one iota of blame on Big Moz re: the crisis? How DARE you. Don't even entertain the thought of impugning his integrity. There is no way he could have ever seen this coming.
The crisis was "not caused by an act of Countrywide," said Mozilo, 73, according to a transcript of the deposition. "This is all about an unprecedented, cataclysmic situation, unprecedented in the history of this country. Values in this country dropped by 50 percent."
And in case it's not exactly clear, he was and continues to be HEARTBROKEN for anyone who's had a tough time, who he'll mention in the acceptance speech he delivers after being given a lifetime achievement award for building the greatest company in the world.
Mozilo "remains really proud of his company and this institution he built," said his attorney, David Siegel. "It would be unfair to say he doesn't feel a great deal of empathy for the honest, hard-working Americans who suffered in the financial crisis."''
Comments: Be the first to add a comment
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.