Free Republic

As the Senate last week moved to pass President Obama’s financial-regulation overhaul, word came that the Countrywide VIP loan scandal on Capitol Hill had just gotten a whole lot bigger. And that congressional ethics probers are looking into the dealings of eight House members — including New York Reps. Joseph Crowley and Christopher Lee — who raised significant sums of Wall Street money in the 10 days prior to voting on their version of the reform bill. Any wonder why voters are cynical? Rep. Darrell Issa (R-Calif.), who has doggedly pursued the Countrywide scandal despite Democratic stonewalling, disclosed that Senate...

Democratic Party senators, Chris Dodd and Kent Conrad were "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 were for...

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..... California Republican Darrell Issa, has been trying for months to get Edolphus Towns, D-N.Y., chairman of the House Oversight and Government Reform Committee to subpoena Bank of America for Countrywide's records (BOA bought Countrywide). Issa wants to know the details of the two...