Senate ethics panel takes new look at Countrywide loans
By Susan Crabtree - 08/12/10 06:00 AM ET
The Senate Ethics Committee is re-examining the participation of senators and staffers in a controversial VIP mortgage-lending program at Countrywide Financial Corp, according to a source familiar with the panels activities.
If new information is discovered about Dodds and Conrads loans, any potential ethics committee investigation would encompass the new material and also could ensnare other senators offices. Besides the loans listing Bennetts office as their employer, 18 others identified U.S. Senators or U.S. Senate as their place of employment,according to Issas letter to the ethics committee.
The pervasiveness of discounted loans and preferential treatment for Senate employees sheds new light on the purpose and policies of Countrywides VIP program, Issa wrote. Furthermore, a high concentration of VIP borrowers in specific Senate offices is prima facie evidence that Countrywide strategically targeted Members positioned to help the company during a critical period.
http://thehill.com/homenews/senate/113849-senate-ethics-panel-takes-new-look-at-countrywide-
Issa has been a thorn in the Dems side, good for him, this may not be over yet.