WASHINGTON — Senator Christopher J. Dodd of Connecticut said Tuesday that he was aware that Countrywide Financial Corporation had assigned him to a V.I.P. program in 2003 when he refinanced mortgages on his homes in Connecticut and Washington but that he and his wife “assumed” that “it was more of a courtesy thing.”
Why is he not being prosecuted for this? He received a $70,000 in a campaign contribution from Countrywide.
Another Democrat, Senator Kent Conrad of North Dakota, has admitted receiving preferential treatment from Countrywide on mortgages for a vacation house in Bethany Beach, Del., and an apartment building in Bismarck, N.D., but he said he was unaware of favoritism until a report last week on Portfolio.com questioned the terms of the loan.
Mr. Conrad announced that he had made a donation of $10,700 to Habitat for Humanity — the amount he saved by getting a one-point discount on fees related to a $1.07 million loan for the beach house. …
“Ten of the 12 mortgages I got were in North Dakota and in every one of those instances I talked with the No. 1 or No. 2 person,” he said. “I don’t know what I would’ve done differently.”
Right, we all get to talk to the boss.
Shouldn’t there be an indictment?
Though not corrupt, but unethical Republican Dennis Hastert and the earmark Prarie Parkway is another strange deal.