Uncommon Sense

politics and society are, unfortunately, much the same thing

Corrupt Democrats get sweet mortgage deal, no biggy

AP IMPACT: Dodd, Conrad told deals were sweetened
July 27, 2009 by LARRY MARGASAK

Despite their denials, influential Democratic Sens. Kent Conrad and Chris Dodd were told from the start they were getting VIP mortgage discounts from one of the nation’s largest lenders, the official who handled their loans has told Congress in secret testimony.

Both senators have said that at the time the mortgages were being written they didn’t know they were getting unique deals from Countrywide Financial Corp., the company that went on to lose billions of dollars on home loans to credit-strapped borrowers. Dodd still maintains he got no preferential treatment.

congress, criminal, Democrats, ethics, lies, politics, scandal, greed

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Filed under: congress, criminal, Democrats, ethics, greed, lies, politics, scandal

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