2008-03-10fool.com

``the apology Mozilo needs to issue is to the shareholders of Countrywide for trying to squeeze every last nickel out of the company. Between 1998 and 2006, Mozilo took home almost $250 million in pay and more than $400 million from sales of company stock. Yet there he was in an email to a pay consultant whining that his board was dithering over picking up the tab for "gross ups," the insidious company practice of paying the taxes due for an executive on the benefits he's given.''



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