Blip

About this episode

Henry Waxman grills Mozilo about changes in his stock traning plan which allowed Mozilo ramp up his sales of Countrywide stock from 350,000 shares to 465,000 per month and then to 580,000 shares per month for a total sale amount of 5.8 millionor 150,000,000$ between Nov 2006 and the end of 2007Mozilo created a buyback plan of Countrywide stock as he sold his own sharesThe stock has lost 90% ofits value

• Release Date

  Mar 21, 2008

• Runtime

  05:42