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.”
Former Trader Tom Hayes Gets 14 Years for Rigging Libor
49:07 - The first person to stand trial for manipulating Libor has been sentenced to 14 years in prison. The former UBS and Citigroup trader, Tom Hayes, was found guilty of conspiracy to rig the benchmark rate by a unanimous jury. Bloomberg’s Suzi Ring reports on “Countdown.” (Source: Bloomberg)
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