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Even though it was tough work, he didn't mind helping his father. “He cleaned floors, made sausage, cut up chickens, and learned all there was to know about running the small shop. “When he was 12, Mozilo began helping his father in the butcher shop,” the bio stated. In the program for the 2004 Horatio Alger Award ceremony, Mozilo’s childhood amid chopped-up barnyard animals was recalled in a mini-biography that cast a vaguely ignoble shadow on the elder Mozilo’s honest and worthwhile profession. Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.Īngelo Mozilo never tired of reminding people that his father was a first-generation Italian-American who ran a butcher shop in the Bronx, New York.