Morgan Stanley also received an expedited approval to become a banking holding company in 48 hours—a record. • Founder and CEO Angelo Mozilo of Countrywide Financial, which was at the forefront of the subprime fiasco, cashed in $122 million in stock options in 2007; his total compensation over the years was over $400 million. • Stan O'Neal, who steered Merrill Lynch into collapse before being deposed, was given a package of $160 million when he left his post in 2007.