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IPFS News Link • Corruption

Executive Testifies on Senators' Mortgages

• Washington Post
The Senate ethics committee has interviewed a former Countrywide Financial executive who testified under oath that  Sens. Christopher J. Dodd (D-Conn.) and  Kent Conrad (D-N.D.) were aware that they were accessing a special program to give below-market-rate mortgages to the powerful and famous when he arranged their loans, according to the executive's attorneys.

3 Comments in Response to

Comment by Brock
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"...who maintain that they did not know they were part of the Countrywide program created by its chief executive at the time, Angelo Mozilo."

Except for the part where Dodd has repeatedly said he knew he was in the "Friends of Angelo" program and thought it was because of his stellar credit rating.

Comment by Lucky Red
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 The Senate Ethics Committee...ROFL!  Now, there's an oxymoron!

Comment by Powell Gammill
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