Except those who did.
NEW YORK (Reuters) - John P. McMurray made it clear to his Countrywide Financial Corp bosses that they were playing a dangerous game with risk. But they didn't listen.
...
Frequently cited in the lawsuit are emails from McMurray warning Mozilo, Sambol and Sieracki about the rapidly increasing risk of the loan portfolio at Countrywide, which by September 2006 estimated it had almost 16 percent of the U.S. home loan market.
He entreated them to follow the company's risk procedures.
