Angelo Mozilo

People Who Mattered
- Judd Apatow
- Eduardo Arias
- Wesley Autry
- Billiam the YouTube Snowman
- Barry Bonds
- Burmese Monks
- David Chase
- Hugo Chavez
- Miley Cyrus
- Elizabeth Edwards
- Robert Gates
- Alberto Gonzales
- Conn and Hal Iggulden
- Don Imus
- The Jena 6
- Bobby Jindal
- Angela Merkel
- Yue Minjun
- Angelo Mozilo
- Rupert Murdoch
- Obama and Clinton
- Ron Paul
- Erik Prince
- Radiohead
- Nicolas Sarkozy
- John Smeaton
- Britney Spears
- Junying Yu, James Thomson and Shinya Yamanaka
No one person can sum up the immense financial screw-up of the subprime mortgage businessbut Mozilo, a Bronx kid turned titan, comes close. As head of Countrywide Financial, he pushed his sales force to write risky loans long after alarm bells began sounding, and took home staggeringly large paychecks. Unlike many of his customers, he won't lose his home, though he might lose his company.










Video: Mumbai's Defiant Residents
Photos: Rockefeller Center Christmas tree
Today in Pictures
TIME's 2008 Holiday Buying Guide
December's Movie Onslaught: TIME's Picks
Top 10 Comeback Albums
Going Green: Weatherproof Your Home
Postcard from Lima: Death in the Afternoon
Venice Floods
A Cyber Monday Shopping Guide