T Nation

Dodd's Sweetheart Loan


[i]

Two Republican congressmen are calling for a probe into alleged sweetheart deals by a controversial mortgage lender, after ties by a former Barack Obama aide to Countrywide Financial Corp. sparked questions about other arrangements with some members of Congress.

Reps. Darrell Issa of California and Mark Souder of Indiana called for the investigation in a letter to Rep. Henry Waxman, chairman of the House Oversight and Government Reform Committee. They said a probe is needed to make sure �??tainted�?? officials recuse themselves from weighing in on legislation favorable to mortgage lenders.

The letter came after two senators, Chris Dodd, D-Conn., and Kent Conrad, D-N.D., were singled out as benefiting from low-rate loans from Countrywide. The lender has been criticized by Obama and others for contributing to the sub-prime mortgage meltdown. The company attracted new scrutiny nearly two weeks ago when it was reported that Jim Johnson, an adviser vetting Barack Obama�??s running mates, appeared to receive special treatment from Countrywide… [/i]

Why isn’t this huge news? Dodd is the one that is supposed to be investigating Countrywide and he has a sweetheart deal with them.

This is a real scandal and if true Dod should be out on his ass. Unfortunately the media will ignore it.

I can’t wait to see 100millimeters spin.

How many scandals on both sides go totally unreported by the major news corps?

One hell of a lot.

Unless it involves sex, they aren’t likely to make money off it, hence we never hear about it.

Oh and .

[quote]Zap Branigan wrote:


[i]

Two Republican congressmen are calling for a probe into alleged sweetheart deals by a controversial mortgage lender, after ties by a former Barack Obama aide to Countrywide Financial Corp. sparked questions about other arrangements with some members of Congress.

Reps. Darrell Issa of California and Mark Souder of Indiana called for the investigation in a letter to Rep. Henry Waxman, chairman of the House Oversight and Government Reform Committee. They said a probe is needed to make sure �??tainted�?? officials recuse themselves from weighing in on legislation favorable to mortgage lenders.

The letter came after two senators, Chris Dodd, D-Conn., and Kent Conrad, D-N.D., were singled out as benefiting from low-rate loans from Countrywide. The lender has been criticized by Obama and others for contributing to the sub-prime mortgage meltdown. The company attracted new scrutiny nearly two weeks ago when it was reported that Jim Johnson, an adviser vetting Barack Obama�??s running mates, appeared to receive special treatment from Countrywide… [/i]

Why isn’t this huge news? Dodd is the one that is supposed to be investigating Countrywide and he has a sweetheart deal with them.

This is a real scandal and if true Dod should be out on his ass. Unfortunately the media will ignore it.

I can’t wait to see 100millimeters spin.

[/quote]
I’m sorry, what? I was distracted, it seems Cindy McCain has stolen another cookie recipe…you were saying?

[quote]100meters wrote:

I’m sorry, what? I was distracted, it seems Cindy McCain has stolen another cookie recipe…you were saying?
[/quote]

Weak, even for you.

[quote]100meters wrote:
it seems Cindy McCain has stolen another cookie recipe…
[/quote]

And she wears size zero jeans!

More to this:

http://online.wsj.com/article/SB121435046364101439.html?mod=googlenews_wsj

http://www.rep-am.com/articles/2008/06/24/opinion/349865.txt

http://www.santafenewmexican.com/Opinion/The-ol--Favor-Game-pops-up-in-Congress-062408

http://www.kxmb.com/News/Nation/251065.asp

More here:

http://newsblogs.chicagotribune.com/vox_pop/2008/06/winners-losers.html

And, for details on the mortgages, see Politico again:

http://www.politico.com/homeloans/