The Senate Pathetics Commitee lets Chris Dodd and Kent Conrad skate on the sweetheart mortgage deal with Countrywide.
Politico: The Ethics Committee did gently scold the senators, saying they should have “exercised more vigilance in your dealings with Countrywide in order to avoid the appearance that you were receiving preferential treatment based on your status as a senator.”
Just as importantly, the committee investigation found that the actual mortgage rates offered to Dodd and Conrad under the VIP program "were not the best deals available at Countrywide or in the marketplace at large." So after 18,000 pages of documents and a yearlong investigation, the Ethics Committee is saying these "sweetheart" loans weren't even all that sweet.
Damn weasels.
ReplyDeletedisgusting. This peoples government sucks and no one cares.
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