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AP IMPACT: Dodd, Conrad told deals were sweetened
Associated Press ^
| Jul 27 04:46 PM US/Eastern
| By LARRY MARGASAK
Posted on 07/27/2009 2:07:42 PM PDT by ronnietherocket2
WASHINGTON (AP) - Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders, the official who handled their loans has told Congress in secret testimony.
Both senators have said that at the time the mortgages were being written they didn't know they were getting unique deals from Countrywide Financial Corp., the company that went on to lose billions of dollars on home loans to credit-strapped borrowers. Dodd still maintains he got no preferential treatment.
(Excerpt) Read more at breitbart.com ...
TOPICS: Crime/Corruption; Government; News/Current Events; US: Connecticut; US: North Dakota
KEYWORDS: 111th; chrisdodd; conrad; countrywide; crisis; dodd; kentconrad
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To: ronnietherocket2
As someone who has posted 6,644 threads and 75,473 replies, I am pleased to tell you that you did just fine. We are glad you are here.
41
posted on
07/27/2009 3:53:24 PM PDT
by
doug from upland
(10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
To: ronnietherocket2
Tar them and run them off.
42
posted on
07/27/2009 3:54:18 PM PDT
by
Big Horn
(Rebuild the GOP to a conservative party)
To: April Lexington
When that happens, I will know they have new management. :)
43
posted on
07/27/2009 3:55:48 PM PDT
by
PhiKapMom
(Mary Fallin - OK Gov/Coburn/Rubio - Senate 2010 ! Take Back the House/Senate! Stop ZERO!)
To: ronnietherocket2
44
posted on
07/27/2009 3:56:13 PM PDT
by
Typical_Whitey
(Imagine if Bush had said the police acted stupidly when a black cop arrests a mouthy KKK member.)
To: ronnietherocket2
45
posted on
07/27/2009 3:56:13 PM PDT
by
doug from upland
(10 million views of .HILLARY! UNCENSORED - put some ice on it, witch)
To: ronnietherocket2
These thugs need to be sentenced to a real live circular firing Squad.
46
posted on
07/27/2009 4:00:27 PM PDT
by
Carry_Okie
(They were the Slave Party then; they are the Slave Party now.)
To: ronnietherocket2
Excellent first post. welcome to FR!
Also of note from the article:
“Other names that have surfaced as “friends” of Mozilo include James Johnson, a former head of Fannie Mae who later stepped down as an adviser to Barack Obama’s presidential campaign, and Franklin Raines, who also headed Fannie Mae. Still other “friends” included retired athletes, a judge, a congressional aide and a newspaper executive.”
hmmmmm....Do we have the names of these ‘other’ people or is it being kept secret?
47
posted on
07/27/2009 4:01:54 PM PDT
by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: ronnietherocket2
Why is that testimony secret?
48
posted on
07/27/2009 4:03:04 PM PDT
by
NonValueAdded
(What if the Sanction of the Victim is withdrawn?)
To: ronnietherocket2
Conrad initially said in June 2008, "If they did me a favor, they did it without my knowledge and without my requesting it." The next day, Conrad changed course after reviewing documents showing he got special treatment, and said he was donating $10,500 to charity and refinancing the loan on the apartment building with another lender. He also said then it appeared Countrywide had waived 1 point at closing on the beach house.
Typical Democrat. As long as they don't have the goods on you, deny. Once they catch you red handed, give your ill-gotten gain to charity.
To: ronnietherocket2
50
posted on
07/27/2009 4:59:25 PM PDT
by
MNJohnnie
(Obamanomics: we have to destroy the US Economy in order to save it!)
To: ronnietherocket2
Nice work RR2, you’re going to do just find around here.
51
posted on
07/27/2009 5:14:32 PM PDT
by
IllumiNaughtyByNature
(If the Average nObama Voter is Anything Like Peggy Joseph, The Next 4 Years Will Be A Hoot!!!!)
To: ronnietherocket2
Anything that lowers Dodd’s chance of re-election needs to be shouted from the rooftops.
52
posted on
07/27/2009 5:34:41 PM PDT
by
kidd
(Obama: The triumph of hope over evidence)
To: RushIsMyTeddyBear
Me too. I have the wounds to prove it.
53
posted on
07/28/2009 5:32:56 AM PDT
by
vg0va3
(I don't plan to quit the fight until it is finally over.)
To: AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation's largest lenders, the official who handled their loans has told Congress in secret testimony.
Make that a 58-42 Senate majority...
54
posted on
07/28/2009 6:28:17 AM PDT
by
SunkenCiv
(https://secure.freerepublic.com/donate/__Since Jan 3, 2004__Profile updated Monday, January 12, 2009)
To: ronnietherocket2
55
posted on
07/28/2009 8:26:49 AM PDT
by
stephenjohnbanker
(Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
To: ronnietherocket2
You forgot to mention that Chris Dodd likes to have a sandwich with Ted Kennedy at Le Brasserie every so often... but otherwise; Outstanding, RR2. Top Notch.
Next time you step into my office, I'll seriously consider using real novacaine.
56
posted on
07/28/2009 11:27:48 AM PDT
by
theDentist
(qwerty ergo typo : i type, therefore i misspelll)
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