Author: W.

No Jail for Countrywide CEO Angelo Mozilo.

I guess that means we’re officially done with the chapter on mortgage fraud and the poster boy behind it all gets to walk around like nothing happened.

Mozilo Settles SEC Fraud Claims for $67.5 Million – BusinessWeek

Former Countrywide Financial Corp. Chief Executive Officer Angelo Mozilo agreed to pay a record $67.5 million to settle U.S. Securities and Exchange Commission allegations that he misled investors.

http://www.businessweek.com/news/2010-10-15/mozilo-settles-sec-fraud-claims-for-67-5-million.html

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Very important and interesting read …
Read the whole thing …

Gonzalo Lira: The Second Leg Down of America’s Death Spiral

Great summary. We were just starting the process of refinancing, given the 50-year interest low, but as all this become public, the question arose, “Are we even paying the entity that holds our note, who can give it to us when the loan is paid?”If that answer isn’t discovered for “x” number of year…

https://gonzalolira.blogspot.com/2010/10/second-leg-down-of-americas-death.html

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And of course .. the “profile” page with wall comments at the bottom and profile info on top … Where is my 7% share? I want billions plz …!!

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And yes, I had a wall too .. Long before anyone else came up with the idea ..

Pay me my intellectual theft damages PLZ!!

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The members list …

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I watched the Social Network last night, and let me tell you, all this back and forth talk of “theft” is all bullshit .. If the theory of intellectual property is true (which I don’t believe in), then I am the TRUE owner of Facebook ..

“Facebook was started on Febuary 4th 2004, Invented by Mark Zuckerberg”

Well, the screen shot below shows that I started “Even Further Beyond” in January 2003 ..

Chew on that for a while ..

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