The Year of the Tear Jun 26 2008
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Ken Lewis
Angelo Mozilo Cried
Photo by Mark Wilson/Getty Images
Angelo Mozilo showed Countrywide shareholders that he has a soft heart buried under that deep tan of his. As he declared "an end of an era" at the vote on the sale of the company to Bank of America, Mozilo "got emotional, reached for a water bottle, and said 'Excuse me, this is one of the drawbacks to being Italian,'" according to BusinessWeek. No mention of his "disgusting" customers.
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