Keyword: chrisdodd
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Two Democratic Party senators, Chris Doss and Kent Conrad have been "caught" receiving Sub-Prime "VIP" Loans from lender Countrywide Inc. The Loans were at favorable interest rates. Despite the fact that the lender has testified that both men knew that they were getting a sweetheart deal, Senator Dodd claims he didn't know he was getting favorable rates. This revelation came from Robert Feinberg, the official who handled their loans in testimony to congress. According to the Washington Post:Dodd got two Countrywide mortgages in 2003, refinancing his home in Connecticut and another residence in Washington. Conrad's two Countrywide mortgages in 2004...
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Corruption: Chris Dodd's teetering re-election chances weren't helped by news that the senator may have lied about not knowing he got preferential treatment as one of Countrywide Financial's Friends of Angelo program.Can you foreclose on a house of cards? Dodd, D-Conn., may soon find out after the official who handled his mortgages testified before both the House Government Reform and Oversight Committee and the Senate Ethics Committee that Dodd did in fact know he got sweetheart deals from a company that went on to lose billions of dollars on home loans to credit-strapped borrowers. As the No. 1 recipient of...
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Of course Democratic Sen. Christopher Dodd continues to deny he knew he was getting preferential treatment from subprime lender Countrywide Financial in 2003 when he got sweetheart mortgages totaling nearly $800,000. Just as he denied knowing anything about his "stimulus" amendment that guaranteed huge bonuses, financed with your tax dollars, to his sugar daddies at AIG Financial Services. Just as he continues to deny getting his too-good-to-be-true deal on his Irish "cottage" and denies lying on his financial-disclosure forms about that crooked transaction. Just as he continues to deny his wife got lucrative jobs on corporate boards solely because he...
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Two powerful Senate Democrats said Tuesday that they knew they got low mortgage-rate deals in a lender's VIP program but thought the special treatment was a "courtesy" or the same as "frequent flier" discounts. Both vehemently denied any wrongdoing or ethical lapse in the mortgage deals, which came to light a year ago and triggered investigations by the Senate Select Committee on Ethics and the House Oversight and Government Reform Committee. "I thought this was like a frequent-flier program," Sen. Kent Conrad, chairman of the Senate Budget Committee, said of the special benefits. "I thought nothing of it." Sen. Christopher...
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Sen. Chris Dodd is overdue for a long talk with his spokesman, Bryan DeAngelis, who wrote: “As the Dodds have said from the beginning, they did not seek or expect any special rates or terms on their loans and they never received any; they were never offered special or sweetheart deals and if anyone had made such an offer, they would have severed that relationship immediately.” That statement is false: Senator Dodd himself has acknowledged that he knew he was given a “VIP” offer from Countrywide, the disgraced mortgage lender where CEO Angelo Mozilo’s “Friends of Angelo” program traded sweetheart...
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Whoa. It's looking like Sen. Chris Dodd's involvement with a sub prime-lending company warrants far more than a mere Senate Ethics Committee look-see. Or so suggests closed-door committee testimony from a fomer executive of the firm in question. Dodd, chairman of the Senate Banking Committee, and Senate Budget Committee Chairman Kent Conrad of North Dakota both got sweetheart mortgage deals a few years back from Angelo Mozilo, CEO of subprime-mortgage giant Countrywide Financial.
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Despite his denials, Connecticut Sen. Chris Dodd knew from the start he was getting a VIP mortgage break from a major lending group, an official involved in the loan testified secretly to Congress. Dodd and Sen. Kent Conrad (D-ND) both got preferred treatment from Countrywide Financial Corp., but have maintained all along they didn't know they were benefiting at the time their mortgage packages were crafted. The two men were part of an elite group known as "friends of Angelo," a reference to Countrywide CEO Angelo Mozilo.
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Caligiuri calls on Dodd to resignPublished on 7/28/2009 SOUTHINGTON, Conn. (AP) _ A Republican opponent wants U.S. Sen. Chris Dodd to resign after a loan official with Countrywide Financial said the Democrat and a colleague knew they were getting VIP mortgages with the lender. Senators Dodd and Kent Conrad have denied the allegation. Robert Feinberg worked in Countrywide's VIP section. According to a transcript obtained by The Associated Press, he told Republican investigators for a House oversight committee last month that both senators were told they were getting preferential treatment. Both men were said to be considered "friends" of Angelo...
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With each day Senator Chris Dodd's hold on the Senate seat he has held for almost 30 years grows more tenuous. As the Chair of the Senate Banking committee he deserves a share of of the blame for the economic mess we are in now, on top of that, are the recent scandals in which he has been involved. Ten months ago it was disclosed that the Chairman of the Senate Banking Committee Received TWO VIP Loans from Sub-Prime Lender Countrywide Inc. The Loans were at favorable interest rates. Senator Dodd claimed he didn't know he was receiving a "sweetheart"...
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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...
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It's the first day of the week, so we have some weekend carry-overs on today's digg list. http://diggsandburies.blogspot.com/
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WASHINGTON – 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...
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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.
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WASHINGTON (AP) - Facing the toughest re-election fight of his nearly 30 years in the Senate, Sen. Christopher Dodd boasts about snubbing lobbyists. Yet even as he touts his independence, the embattled Connecticut Democrat is still cashing lobbyist campaign checks and rubbing shoulders with them at fundraisers and party gatherings. Dodd, perhaps the most vulnerable Senate Democrat in 2010, has driven home his message in fundraising pitches and campaign videos. [snip] Dodd's popularity has tumbled in the wake of the financial meltdown and his failed 2008 presidential bid. He provoked a home-state backlash after temporarily moving his family to Iowa...
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Despite multiple television commercials by his campaign and third-party advertisers, U.S. Sen. Christopher J. Dodd is still behind Republican Rob Simmons in the latest Quinnipiac University poll by nine points, 48%-39%. The poll shows Dodd defeating state Senator Sam Caligiuri of Waterbury by 42 percent to 40 percent, and Dodd is tied with Greenwich multi-millionaire Tom Foley at 42 percent. In the battle for name recognition, Dodd is far ahead. Some of the Republican challengers, however, are barely known at all. Even though Dodd has been in public life for 35 years, 7 percent of the adults polled said they...
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From the tone of the flurry of news releases, you'd think he cured cancer, built a perpetual-motion machine in his basement and brought peace to the Middle East. No, what Sen. Christopher Dodd, D-Conn., claimed to have accomplished Wednesday was far more grand. He and 12 fellow Democrats outvoted 10 hapless Republicans on the Senate Health, Education, Labor and Pension Committee and started America down the road to universal health care. Before the celebrations begin in earnest, we must note Sen. Dodd's bill calls for a paltry $600 billion in new spending, compared with $1.5 trillion proposed by the House....
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I arrived at Dodd's office at 1030 and was greeted by two Police officers who recognized me as the man who stood up to the 30 hippies that protested the recruiters office last year. They thanked me and comiserated with me concerning the case ofour nation and our recent health care scare Two more Tea Party Patriots showed up and stood with me, Gary and his wife. Gary took the video while I, in my new persona, stood by as SHREK, or something similar to Gren and all!
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<p>Today, July 23rd, at 12noon pro-gov't run healthcare advocates are having a rally at Dodd's office in Hartford. This was mentioned on Fox 61 this morning, so they are pumping it up and likely will be there. WE NEED TO GET THERE AND COUNTER RALLY and let them, and the press, know that we are here, we care, and we will not be ignored.</p>
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After 30 years in Washington, the Senator from the financial industry discovers his populist side. Read » The most vulnerable Democrat running for re-election in 2010, Sen. Christopher Dodd (D-CT), wants you to know: just because he took gobs of cash from the financial industry over the years doesn't mean he's a shill. In fact, he's a champion of the little guy and a champion of regulation. At least, that's how his staff and image consultants want him to be perceived. The Washington Post caught up with the embattled Senator to get a handle on Chris Dodd 2.0 Dodd denies...
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The latest congressional campaign reports are in and Democratic Sen. Christopher Dodd's re-election campaign manager, Jay Howser, says his boy's numbers represent "a substantial investment by Connecticut residents." It's just the latest claim from the Dodd camp that withers under the light of truth. In the second quarter, Sen. Dodd reported raking in $1.2 million, about $100,000 less than his Republican challengers. Of the total, almost 40 percent came from political-action committees controlled by vested interests with business before his Banking Committee; health insurance and pharmaceutical companies looking to influence the shape of KennedyDoddCare; and his Democratic congressional colleagues. Sen....
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