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Countrywide’s Mozilo Off Hook as U.S. Said to Abandon Suit
Bloomberg, June 17, 2016–Geiger, Keri; Farrell, Greg; Schoenberg, Tom
U.S. prosecutors have abandoned their case against Angelo Mozilo, a pioneer of the risky subprime mortgages that fueled the financial crisis, after a two-year quest to bring a civil suit against him.