2019 SALT Conference: Angelo Mozilo On Lessons (Supposedly) Learned From The Housing Bubble

Notes from Angelo Mozilo presentation at the 2019 SALT Conference called “Underwater World: Lessons Learned From The Housing Bubble.” See our full coverage of the 2019 SALT Conference here. Q1 hedge fund letters, conference, scoops etc Underwater World: Lessons Learned From The Housing Bubble Angelo Mozilo – Former Chairman of the Board & Chief Executive Officer, Countrywide Financial Erik Schatzker – Editor-at-Large, BloombergTV Countrywide had over 250,000 employees over its life time He came into work and the markets were crashing His trader said that he cannot sell a bond Most Americans can understand the mortgage market collapsing, but it…