Christopher Dodd and the ghost of mortgages past

chris dodd countrywide ethics

Poor Nancy Pelosi. Not only is she burdened with a congress full of swamp monsters, but some of them are swamp monsters who just won’t die – like Chris “Countrywide” Dodd.

According to TheHill.com, “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 panel’s activities.”

Apparently new information concerning the corrupt (cross out corrupt) alleged sweetheart loans was recently obtained “from Bank of America, which now owns former Countrywide”

So what about Chris Dodd? According to the article “Chris Dodd (D-Conn.) and Kent Conrad (D-N.D.) benefited from the Countrywide VIP program. The panel cleared the senators of any wrongdoing but warned them that they should have exercised better judgment and should have questioned why they were being put in the “Friends of Angelo” VIP program.

If new information is discovered about Dodd’s and Conrad’s loans, any potential ethics committee investigation would encompass the new material and also could ensnare other senators’ offices.”

One astute blogger on the Hill’s website summed up the situation with extreme accuracy:

“This is going to leave a mark in Dodd’s Shorts!” By nuffsaid

Source: TheHill.com

This post was last modified on November 9, 2021

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View Comments (4)

  • Chris Dodd and Barney "gerbal" Frank , both needs to rot in hell , for their lying through their teeth about the status of Freddie and Fannie . They should be prosecuted for insider trading

  • A number of these loans apparently went to Bennet and his staff. Thank goodness the RHINOS are being hunted to extinction.