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 ...
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.
Tar them and run them off.
When that happens, I will know they have new management. :)
Skip to comments.DFU SONG: Home on the Range (Chris Dodd and his sweetheart Friends of Angelo Countrywide loans)
DFU News of the Day in Song ^ | 6-14-08 | Lyrics, Doug from Upland
Posted on 06/14/2008 7:27:37 AM PDT by doug from upland
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?
Why is that testimony secret?
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.
BTT!
Nice work RR2, you’re going to do just find around here.
Anything that lowers Dodd’s chance of re-election needs to be shouted from the rooftops.
Me too. I have the wounds to prove it.
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...
Good Job.
Next time you step into my office, I'll seriously consider using real novacaine.
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