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David Sambol
’SEC accuses Angelo Mozilo of securities fraud, insider trading
The US Securities and Exchange Commission on Thursday accused Angelo Mozilo, Countrywide’s former CEO of wide-ranging securities fraud and of insider trading.
The civil lawsuit also names former Countrywide president David Sambol and former CFO Eric Sieracki.
Bank of America says sayonara, Sambol
Senator Chuck Schumer must be very pleased, indeed.
David Sambol, Countrywide’s COO and the man who was supposed to lead the soon-to-be combined BofA/Countrywide mortgage business is “retiring.”
(“Right.”)
The reins of a restructured consumer banking business will instead be led by three BofA executives – mortgage chief Barbara Desoer,