284 Million Reasons To Smile

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There’s nothing sub-prime about Angelo Mozilo’s compensation for running Countrywide Financial in Calabasas. The Times’ Kathy Kristof reports he took home $120 million last year, and $284 million over the past two years.

So far, Countrywide has survived the subprime meltdown, though it is building up a pretty big pile of foreclosed houses that it will need to sell. This Countrywide Foreclosure Blog calculates that the company now owns 7,610 houses it has foreclosed on.

But Jeez, $284 million? I’m not sure what to say. Go, Angelo, Go? You Da Man?

You tell me.