Wednesday, June 6, 2007

UPDATE 2-Countrywide urges no shareholder voice on exec pay

(Reuters) - NEW YORK, June 6 - Countrywide Financial Corp.
, which has been criticized for overpaying top
executives, on Wednesday mounted a defense against giving
shareholders a say in setting compensation for Chief Executive
Angelo Mozilo.




The largest U.S. mortgage lender voiced its opposition
hours before Ingersoll-Rand Co. shareholders endorsed a
similar proposal at the manufacturer's annual meeting.


Read more at Reuters.com Government Filings News

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