HOW MANY “FRIENDS OF ANGELO” ARE STILL IN POLITICS? BAD NEWS FOR THE ONES WHO ARE: An Unfinished Chapter at Countrywide.

Is Angelo R. Mozilo in the cross hairs again?

Mr. Mozilo, the co-founder and former chief executive of Countrywide Financial, has largely escaped accountability for his outsize role in the mortgage crisis. But he may soon face a civil lawsuit from the Justice Department, according to news reports last week.

The possibility of a new case against Mr. Mozilo came almost exactly seven years after the subprime mortgage machine he created and oversaw began to sputter and stall. That process began in earnest on Aug. 16, 2007, when the company disclosed that it was drawing down its entire $11.5 billion revolving credit line. Other lenders had lost confidence in its operations. . . .

It is unclear, of course, if prosecutors will indeed take action against Mr. Mozilo, who is 75. In 2011, the Justice Department mysteriously decided to drop a criminal case against the former executive after a two-year investigation.

He had a lot of friends.

SALENA ZITO: Left Behind in Rural Northwest Ohio. If you care about the plight of these people, you’re a racist.

JOEL KOTKIN: The Problem With Being Global.

The globalization of cities and their elites often comes at the expense of many of the people who live there. Forced to compete with foreign capital and immigrant workers, native-born residents of cities from Los Angeles and London to Singapore often feel displaced, becoming strangers in what they thought was their own place.

This phenomena is common for virtually all the leading lights on our list of The Most Influential Global Cities. Higher prices and greater labor force competition seem to be the natural result of global city status, posing enormous challenges to local populations and those that govern them.

Since the late Enlightenment, great cities, often built around markets, were typically places for the aspirational middle and lower classes. The ability to rise in cities from North America and Europe to Asia — through what historian Peter Hall calls “this unique creativity of great cities” — stands as one of the great social achievements of modern times.

But in this era of powerful oligarchs and growing inequality, these planetary centers are less places for upward mobility than most other cities. This is clearly true in the United States, where its premier global city, New York, as well as its prime competitors for international standing, Chicago, Los Angeles and the San Francisco Bay Area, rank among the 10 most unequal cities in the nation.

But they’re all ruled by Democrats, who talk a lot about the dangers of inequality. Go figure.

HUGH HEWITT: Republicans need to be ready for Democratic election lawfare.

Yes, and they need to go on the offensive with lawfare of their own. Scorched earth.

CORNEL WEST IS NOT SO HAPPY: “He posed as a progressive and turned out to be counterfeit. We ended up with a Wall Street presidency, a drone presidency”

Hey, they don’t call him President Goldman Sachs for nothing.

JAMES DELINGPOLE: Leo DiCaprio wages war on Western Civilisation. “Here are some of the simple mistakes DiCaprio would have spotted, if only he had been able to scrape together the money for an entry-level production team.”

IS IT POSSIBLE THAT BOTH PELOSI AND REID ARE SUFFERING FROM SOME SORT OF DEMENTIA? Whoops! 9 Times Harry Reid Said ‘The Wrong Thing.’ Or maybe he’s just a jerk, who knows?

But there’s no question that the press gives him a pass on these racial remarks in a way that it would never do if he were a Republican.

ED DRISCOLL: Maureen Dowd, Straight-Up Racist.

THE WAGES OF REDISTRIBUTION AND REGULATION: Why Britain is poorer than any US state, other than Mississippi. And if you leave out the wealthy southeast of Britain, it’s worse off. “Brits may be appalled at America’s gap in black-white life expectancy. But our Liverpool-SW1 life expectancy gap is just as big; we just don’t get upset about it. When you walk south over Westminster Bridge from the House of Commons, life expectancy drops five years.”

UM: CBS Report: People In Ferguson Will Loot And Destroy Businesses Until Businesses Give Them Jobs.

BECAUSE THEY’RE, YOU KNOW, TOOLS? Why would the NY Times publish an uncorroborated allegation from the son of a top Hamas official?

ROGER SIMON: Time for Libertarians to Put on Their Big Boy Pants.