Archive for the Corporate Governance Category

MILA’s Bankruptcy

Jillayne Schlicke on 10 5, 2008 | 5 Comments

The bankruptcy trustee in charge of MILA's Chapter 11 case says there is evidence that MILA's founder and CEO allegedly collected $32 million from MILA during the years before its demise, "imprope

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Countrywide facing shareholder lawsuit

Jillayne Schlicke on 05 14, 2008 | 7 Comments

Directors and officers of Countrywide Financial will have to defend themselves against "shareholder accusations of insider trading and an overall failure to monitor lending practices that led to the c

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