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Way To Go, Angelo

From the Inman Blog, news that Countrywide Financial's founder and CEO Angelo Mozilo is entirely unapologetic about the matter of his compensation and stock sales. Inman says he was paid $43M last year, although Forbes puts his compensation at $68.95M for 2006. And apparently he's unloaded $70M in stock this year. His mortgage company's been affected less than some others by the sub-prime "scandal" and in May announced they would hire additional mortgage brokers and roll out new products, including the fifty-year sub-prime loan. 50 years. Nice suit, dude.
· Not Blushing [Inman Blog]
· CEO Pay: Angelo Mozilo [Forbes]
· Executive Profiles: Angelo Mozilo [Countrywide Financial]