Mozilo Misses the Mark

Submitted by John on Wed, 2007-12-05 11:02.

http://biz.yahoo.com/minyanville/071205/20071205mozilomissesmark_id.html?.v=1

In short, Mozilo proposes a plan to bail his firm out of the current mess by providing a quick fix to re-grease the wheels of his broken loan machine, while posturing as a spokesman for the American homeowner.

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