Maybe it would help morale if Mozilo would ban access to CNN too: “The SEC was asked by the state treasurer of North Carolina, Richard H. Moore, to look into changes Angelo R. Mozilo made to his arranged stock selling program in the months before the Calabasas, Calif., lender’s shares plunged as the nation’s mortgage crisis mushroomed, the newspaper said.”
“Mounting evidence suggests bubble conditions may be emerging in US commercial real estate valuations, CreditSights warns in a new report on the sector.”