Angelo Mozilo, the co-founder and former CEO of notorious subprime lending machine Countrywide, was was one of the first top industry figures to be publicly blamed for the financial crisis, and he remains among the very few individuals to be actually punished for his role.
Mozilo decided to teach undergraduates what he knows about finance last year. The former trustee of Gonzaga University in Spokane, Washington, said he spent about two weeks in Italy at Gonzaga-in-Florence, housed in the Mozilo Center overlooking a 16th-century Medici garden.
“I taught them the basics of finance based on my own experiences,” he said. “I really enjoyed being among them. It was very refreshing for me.”
Eyeesh. In the fall semester at Hell State University, Berkeley law professor John Yoo will instruct freshmen in the the rule of law and its many workarounds. Material will include Unitary Executive Theory and the appropriate use of testicle clamps. Students can bring their own off the books underage prisoner or the school will provide one for an extra fee.