Countrywide: He Called His Own Loans Toxic

In private emails, Angelo Mozilo described some of his own mortgage products as toxic. As the most dangerous product in existence. He kept selling them anyway — to millions of American homeowners and to the investors who bought securities backed by those loans. Nobody told those investors what the CEO was writing in private.This episode of Dark Money: True Crime Finance goes inside Countrywide Financial — how America's largest mortgage lender built its business on products its own founder privately knew were dangerous, what the emails proved, and why nobody went to prison while millions of Americans lost their homes.Subscribe to Dark Money: True Crime Finance for new episodes daily