*How much does Angelo get?

Depends on which newspaper you're reading - or which compensation expert you're using. The NYT expert pegs the exit package for Countrywide CEO Angelo Mozilo at $72 million. The WSJ expert puts it at $36 million. And the LAT says that once everything is thrown in - three times base salary plus special cash payment, two pensions and accelerated payment of stock options and stock grants - you're looking at as much as $115 million. Oh, and did we mention use of the corporate jet and free country club membership? (Here's the latest proxy). Needless to say, the shareholder activist groups will have a field day on this one. From the LAT:

"This is a failed chief executive -- a failed and overpaid chief executive -- who has driven his company to the brink of bankruptcy," said Daniel Pedrotty, director of the office of investment at the AFL-CIO. "I think shareholders are going to be especially outraged if he walks away with another pay-for-failure package."

"Compensation abuse has been a recurring travesty with this company," said William Patterson, director of CtW Investment Group in Washington. "The company has been run into the mud. Should Mozilo be able to walk away with this additional cash? Clearly not. I think it becomes the latest in a series of outrages."

Among the outrages now being looked into by the SEC is Mozilo being able to sell $145 million in Countrywide stock over the past year or so.

*Update: At this morning's conference call, B of A CEO Ken Lewis was asked about Mozilo's future. "I would want him to stay until the deal gets done and then probably I would guess that he would want to go have some fun, but I’ll talk to him next week about his personal desires," he said."