Posted on 07/28/2009 1:26:19 AM PDT by FromLori
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.
Dodd got two Countrywide mortgages in 2003, refinancing his home in Connecticut and another residence in Washington. Conrad's two Countrywide mortgages in 2004 were for a beach house in Delaware and an eight-unit apartment building in Bismarck in his home state of North Dakota.
Robert Feinberg, who worked in Countrywide's VIP section, told congressional investigators last month that the two senators were made aware that "who you know is basically how you're coming in here."
(Excerpt) Read more at abcnews.go.com ...
Dodd should be voted out of office, but the people in Jersey will pull it through for the Democrats every time.
> but the people in Jersey will pull it through for the
> Democrats every time.
Actually, it’s Connecticut, but it’s the same for any state where the DeomonRATs have a stranglehold.
Consider the murderer Ted Kennedy, the pimp Barney Frank, the rapist Gerry Studds. And that’s just Massachusetts.
There in lies the problem. to many just MOVEON, when information of Dummy Corruption becomes public. I’m sure if this had been Chaney the msm would be hyperventilating.
Gypses, Tramps & Thieves.
http://www.portfolio.com/news-markets/national-news/portfolio/2008/07/16/Countrywide-Deals-Exposed
Breakdown of the “Friends of Angelo” program and how it worked. Highly suggested read.
Democrat liars.
Excellent information thank you.
*Influential* Democratic Sens. Kent Conrad and Chris Dodd=Above the law!
Crooks. Rotten crooks.
Dodd represents Connecticutt, but I think the situation is the same there.
I would hope that the honest people of North Dakota would be repulsed by Conrad’s open corruption and vote him out of office.
Thank You for the link. disgusting. And to think this is the bunch that Americans are willing to trust their health care too.
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