Countrywide’s Mozilo Shocked by Subprime Lawsuit Plans

Sept. 2 (Bloomberg) -- Bloomberg’s Max Abelson recounts his conversation with former Countrywide Chief Executive Officer Angelo Mozilo as he reacts to plans by the U.S. government to sue him in a civil case over subprime loans. He speaks on “Bloomberg Surveillance.”
What You Need to Know: Stock Sell-off, Oil, Fed Rates
09:39 - Bloomberg's Jonathan Ferro briefs you on the top stories of the day.
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