Richard Moore Campaign Newsroom

Treasurer: Invest in kids by keeping them drug free

October 26, 2007

LUMBERTON - Richard Moore has spent the last seven years looking after employees' retirement plans as the state treasurer. On Thursday, Moore gave a pep talk in Lumberton to agencies in the business of securing the futures of young people by steering them away from substance abuse.

“There are no two things that are more important than combating drugs and (more)

Leading on loans

October 18, 2007

Richard Moore has been a strong advocate for consumers since being elected state treasurer almost eight years ago. He makes another good point in pushing mortgage companies to change practices that take advantage of consumers and have resulted in dramatic increases in defaults on home loans.

That trend, as Federal Reserve Chairman Ben S. Bernanke has (more)

SEC is said to be investigating Countrywide CEO's stock sales

October 18, 2007

Securities regulators are said to be looking into $145 million in stock sales by Countywide Financial Corp. Chief Executive Angelo Mozilo, who ramped up his sales in the months before Countrywide's shares went into a tailspin.

Word of the informal inquiry elicited praise from some political figures.

"This is good news for investors and sends (more)

Moore pushes guide for lenders

October 17, 2007

State Treasurer Richard Moore will push mortgage companies to eliminate business practices that have hurt consumers and led to record defaults on home loans.

Moore said he was speaking as a shareholder, not a regulator, at a news conference in Raleigh on Tuesday. The treasurer oversees North Carolina's $75 billion pension fund, which is invested in (more)

Treasurer calls for mortgage changes

October 16, 2007

North Carolina Treasurer Seeks SEC Probe of Countrywide CEO Stock Trade

October 12, 2007

RALEIGH, N.C. — State Treasurer Richard Moore has asked the U.S. Securities and Exchange Commission to investigate the timing of stock sales made by the chief executive of mortgage lender Countrywide Financial Corp.

Moore, the trustee of a pension fund that holds about 500,000 shares of Countrywide stock worth about $9.6 million, said in an October 8 (more)