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Mortgage exec who took rap for subprime crisis prepares appeal

Ms Mairone testifying in Congress in 2010. Her case reminds Americans yet again that not a single senior executive has been held accountable for the subprime mortgage meltdown.


REBECCA Mairone scarcely deserves a mention in the annals of finance, except for this: she's the only executive of a major US mortgage lender found liable for her part in the 2008 financial crisis.

Ms Mairone was chief operating officer of a division of Countrywide...

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