David Siegel
Sundance opens with eye on broken American dreams
Jan 19, 2012 15:40 EST
PARK CITY, Utah (Reuters) - The Sundance Film Festival was set to open on Thursday night with four features, including a documentary examining America's housing crisis, the fractured American dream and values humbled by today's lackluster economy.
Sundance opens with eye on broken American dreams
Jan 19, 2012 15:40 EST
PARK CITY, Utah (Reuters) - The Sundance Film Festival opened on Thursday night with four features, including a documentary highlighting America's housing crisis, the fractured American dream and values humbled by today's lackluster economy.
"Riches-to-rags" film on opulent family home prompts lawsuit
Jan 15, 2012 15:55 EST
ORLANDO, Florida (Reuters) - Time share mogul David Siegel welcomed a filmmaker's proposal in 2007 to document his construction of what was to be the nation's largest family home -- an opulent 90,000-square-foot mansion named "Versailles" after the French palace and conceived during a housing boom.
Gene screen shows wider picture of blood cancer
Mar 23, 2011 14:04 EDT
Scientists on Wednesday published the broadest picture yet of the likely genetic causes of multiple myeloma, a common form of blood cancer in which malignant white blood cells proliferate unchecked.
BofA's Countrywide sued, accused of massive fraud
Jan 26, 2011 07:31 EST
NEW YORK (Reuters) - Bank of America Corp's Countrywide mortgage unit has been sued by investors claiming they were victimized in a "massive fraud" when they bought mortgage-backed securities.
Allstate sues BofA and Mozilo over Countrywide losses
Dec 29, 2010 08:21 EST
NEW YORK (Reuters) - Allstate Corp has sued Bank of America Corp, its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the risks on more than $700 million of mortgage securities it bought from Countrywide.
Countrywide CEO Mozilo settles with SEC for $67.5M
Oct 16, 2010 00:43 EDT
Former Countrywide CEO Mozilo, 2 others agree to settle civil fraud charges for more than $70M. Countrywide Financial Corp. co-founder Angelo Mozilo has agreed to a $67.5 million settlement to avoid trial on civil fraud and insider trading charges that alleged he profited from doling out risky mortgages while misleading investors about the risks.
Declining algae threatens ocean food chain: study
Jul 28, 2010 13:17 EDT
A century-long decline in tiny algae called phytoplankton could disrupt the global ocean food chain, including the human consumption of fish, according to a study released Wednesday.
$75M mansion near Orlando selling 'as is'
Jun 22, 2010 14:07 EDT
Massive unfinished mansion near Orlando selling for $75M 'as is'; needs walls, carpet and tile. Listed as a "monument to unparalleled success," the largest home for sale in the United States comes with plenty of space but no carpet, tiles or interior walls. It's up to the future buyer to finish it.
$75M mansion near Orlando selling 'as is'
Jun 22, 2010 10:22 EDT
Massive unfinished mansion near Orlando selling for $75M 'as is'; needs walls, carpet and tile. The brochure promises a "monument to unparalleled success."
$75M mansion near Orlando selling 'as is'
Jun 22, 2010 09:15 EDT
Massive unfinished mansion near Orlando selling for $75M 'as is'; needs walls, carpet and tile. The brochure promises a "monument to unparalleled success."
BofA's Countrywide in $624 million lawsuit settlement
May 07, 2010 13:32 EDT
NEW YORK (Reuters) - Countrywide Financial Corp, the mortgage lender acquired by Bank of America Corp <BAC.N>, has agreed to a $624 million settlement of a lawsuit accusing it of misleading investors about its lending practices.
Countrywide ex-CEO Mozilo must face SEC fraud case
Nov 04, 2009 20:24 EST
NEW YORK/LOS ANGELES (Reuters) - A federal judge rejected a request by Angelo Mozilo, the former chief executive of mortgage lender Countrywide Financial Corp, to dismiss a U.S. Securities and Exchange Commission lawsuit accusing him of securities fraud and insider trading.
SEC charges ex-Countrywide CEO Mozilo with fraud
Jun 05, 2009 01:36 EDT
Ex-Countrywide CEO, big mortgage market player Angelo Mozilo charged by SEC with civil fraud. Angelo Mozilo, the man who rode the housing boom to build Countrywide Financial Corp. into a California colossus of high-risk mortgage lending, has been charged with civil fraud and illegal insider trading by federal regulators who accuse him of deceiving shareholders and profiting on confidential information.
Countrywide's Mozilo charged with fraud
Jun 04, 2009 22:34 EDT
LOS ANGELES/WASHINGTON (Reuters) - Angelo Mozilo, who built the largest U.S. mortgage lender, was charged with securities fraud and insider trading on Thursday, making him the most prominent defendant in investigations into the U.S. subprime mortgage crisis and housing bust.