I’d understand just how Nationwide made magic, and who had been stirring this new elixir

The latest passage of Angelo Mozilo towards July sixteen at the ages 83 motivated me to recall my personal inside the-individual publicity of previous Countrywide President once the genuine estate’s reigning entrepreneur in early 2000s. I also seen close up the damage wrought by the his irresponsible financing practices in the stories examining the hopeless promotion waged from the Countrywide’s acquirer Financial regarding America, and its own the latest leader Brian Moynihan, to help you save your self the brand new mega-financial throughout the wreckage. The newest Mozilo I knew boasted both the genuinely smart advertising and marketing event you to centered that was shortly after a beneficial outstanding organization, together with unbridled appetite to own dimensions and you can cash, risk feel damned, you to brought it so you’re able to sadness.