A news item involving Angelo Mozilo was featured on Wikipedia's Main Page in the In the news section on 24 July 2023. |
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Please read wp:blp before adding unsourced material-- Work permit ( talk) 03:49, 30 June 2008 (UTC)
http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm "Predatory Lending: abusive lending practices that include a mortgage loan to someone who does not have the ability to repay. It also pertains to repeated refinancing of a loan charging high interest and fees each time."
This whole crisis is the result of a skewed perspective on "helping people" because help was confused with abuse. All these people could have joined habit for humanity, not collected commissions for originating loans that could not be paid back by anyone who wanted to live in the home ( economic value of home differed from market value due to abuse disguised as help). This whole crisis is a result of confusing serious with joke... Nerdseeksblonde ( talk) 11:59, 15 July 2009 (UTC)
Does this mean they are selling MBS junk to mom and pa? I have to admit ignorance here but that is what it sounds like.
http://biz.yahoo.com/prnews/070724/latu044.html?.v=101
"Subprime gain on sale margin improved substantially from the first quarter and year over year as a result of improved secondary market execution during the quarter and reduced price competition, especially in the wholesale channel. In addition, the Company experienced a channel mix shift toward the retail channel, which has traditionally carried greater margins. "
Nerdseeksblonde ( talk) 17:19, 12 July 2009 (UTC)
"IndyMac was started in 1985 by Angelo R. Mozilo and David Loeb, who together had founded Countrywide Financial Corp., and grew to be the second-largest independent mortgage lender after Calabasas-based Countrywide, which was acquired by Bank of America last week." found here: http://www.latimes.com/news/printedition/front/la-fi-indymac8-2008jul08,0,954496.story —Preceding unsigned comment added by 76.1.146.244 ( talk) 09:03, 8 July 2008 (UTC)
Mentioning that he sold his companies stock seems unnecessary. Every CEO in history has sold his companies stock, why is this noteworthy? That is how they are compensated- they aren't expected to just keep the paper stock certificates, it is only common sense to sell and diversify. —Preceding unsigned comment added by 24.4.94.214 ( talk) 03:24, 21 September 2008 (UTC)
Well, let's think this argument through. If he's selling the stock to get to a diversified position, then he's going to end up with the same return as an index fund. The stockholders who bought the company's stock (except for those holding it as part of an index strategy) buy it because they believe it will outperform an index fund. If the CEO himself doesn't believe the company under his management will beat the return on an index fund, why does he continue to be CEO in the first place? The stock options aren't given to him for his retirement (which would require diversification) - it's an incentive to get him to perform. And if he really believed in the company, namely that its return would beat an index fund, he should want to hold as much stock as possible. Jmkleeberg ( talk) 16:54, 10 October 2008 (UTC)
Under "Life and Career", can somebody who knows please note what medical condition Mozilo has that makes his face look like that? Or maybe it is cosmetic surgery, or maybe getting burned under sun lamps - I don't know. I mean, Michael Jackson apparently had some sort of medical condition that was turning him into an albino (that is what he claimed - others said it was because he was putting acid on his skin. Mozilo seems to have the opposite condition - he's got an undeniable leathery, almost lizard face. Can somebody please add that, what it is?, if it is a medical condition, or something he has done. Thanks in advance. —Preceding unsigned comment added by 86.162.27.14 ( talk) 21:44, 15 October 2010 (UTC)
+1 46.65.110.155 ( talk) 22:41, 28 December 2012 (UTC)
While Mozilo was no doubt a terrible CEO, quoting a random list (from Conde Nast) in the lead is cherrypicking quotes. I'm deleting it. ask123 ( talk) 14:52, 18 April 2013 (UTC)
I've heard rumours that this man is on the hit list of some mafia group connected to the US and Central America. Is there any truth in this? Is he still alive? BTW what follow has there been to his criminal activity in the events prior to the collapse. It seems like this page needs much more to it. Any updates? 183.89.93.143 ( talk) 09:40, 17 December 2014 (UTC)
Does the email incident at Angelo Mozilo § Other controversies really notable, or more WP:NOTDIARY. Is this being mentioned in obits? The title of the section is also an NPOV issue per WP:CSECTION.— Bagumba ( talk) 13:57, 23 July 2023 (UTC)
A news item involving Angelo Mozilo was featured on Wikipedia's Main Page in the In the news section on 24 July 2023. |
This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||
|
It is requested that an image or photograph be
included in this article to
improve its quality. Please replace this template with a more specific
media request template where possible.
The Free Image Search Tool or Openverse Creative Commons Search may be able to locate suitable images on Flickr and other web sites. |
Please read wp:blp before adding unsourced material-- Work permit ( talk) 03:49, 30 June 2008 (UTC)
http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm "Predatory Lending: abusive lending practices that include a mortgage loan to someone who does not have the ability to repay. It also pertains to repeated refinancing of a loan charging high interest and fees each time."
This whole crisis is the result of a skewed perspective on "helping people" because help was confused with abuse. All these people could have joined habit for humanity, not collected commissions for originating loans that could not be paid back by anyone who wanted to live in the home ( economic value of home differed from market value due to abuse disguised as help). This whole crisis is a result of confusing serious with joke... Nerdseeksblonde ( talk) 11:59, 15 July 2009 (UTC)
Does this mean they are selling MBS junk to mom and pa? I have to admit ignorance here but that is what it sounds like.
http://biz.yahoo.com/prnews/070724/latu044.html?.v=101
"Subprime gain on sale margin improved substantially from the first quarter and year over year as a result of improved secondary market execution during the quarter and reduced price competition, especially in the wholesale channel. In addition, the Company experienced a channel mix shift toward the retail channel, which has traditionally carried greater margins. "
Nerdseeksblonde ( talk) 17:19, 12 July 2009 (UTC)
"IndyMac was started in 1985 by Angelo R. Mozilo and David Loeb, who together had founded Countrywide Financial Corp., and grew to be the second-largest independent mortgage lender after Calabasas-based Countrywide, which was acquired by Bank of America last week." found here: http://www.latimes.com/news/printedition/front/la-fi-indymac8-2008jul08,0,954496.story —Preceding unsigned comment added by 76.1.146.244 ( talk) 09:03, 8 July 2008 (UTC)
Mentioning that he sold his companies stock seems unnecessary. Every CEO in history has sold his companies stock, why is this noteworthy? That is how they are compensated- they aren't expected to just keep the paper stock certificates, it is only common sense to sell and diversify. —Preceding unsigned comment added by 24.4.94.214 ( talk) 03:24, 21 September 2008 (UTC)
Well, let's think this argument through. If he's selling the stock to get to a diversified position, then he's going to end up with the same return as an index fund. The stockholders who bought the company's stock (except for those holding it as part of an index strategy) buy it because they believe it will outperform an index fund. If the CEO himself doesn't believe the company under his management will beat the return on an index fund, why does he continue to be CEO in the first place? The stock options aren't given to him for his retirement (which would require diversification) - it's an incentive to get him to perform. And if he really believed in the company, namely that its return would beat an index fund, he should want to hold as much stock as possible. Jmkleeberg ( talk) 16:54, 10 October 2008 (UTC)
Under "Life and Career", can somebody who knows please note what medical condition Mozilo has that makes his face look like that? Or maybe it is cosmetic surgery, or maybe getting burned under sun lamps - I don't know. I mean, Michael Jackson apparently had some sort of medical condition that was turning him into an albino (that is what he claimed - others said it was because he was putting acid on his skin. Mozilo seems to have the opposite condition - he's got an undeniable leathery, almost lizard face. Can somebody please add that, what it is?, if it is a medical condition, or something he has done. Thanks in advance. —Preceding unsigned comment added by 86.162.27.14 ( talk) 21:44, 15 October 2010 (UTC)
+1 46.65.110.155 ( talk) 22:41, 28 December 2012 (UTC)
While Mozilo was no doubt a terrible CEO, quoting a random list (from Conde Nast) in the lead is cherrypicking quotes. I'm deleting it. ask123 ( talk) 14:52, 18 April 2013 (UTC)
I've heard rumours that this man is on the hit list of some mafia group connected to the US and Central America. Is there any truth in this? Is he still alive? BTW what follow has there been to his criminal activity in the events prior to the collapse. It seems like this page needs much more to it. Any updates? 183.89.93.143 ( talk) 09:40, 17 December 2014 (UTC)
Does the email incident at Angelo Mozilo § Other controversies really notable, or more WP:NOTDIARY. Is this being mentioned in obits? The title of the section is also an NPOV issue per WP:CSECTION.— Bagumba ( talk) 13:57, 23 July 2023 (UTC)