Senator Chris Dodds, D-Conn, is currently the subject of an ethics investigation into whether 2 loans he received from Countywide influenced him in any way as chairman of the Senate Banking Committee. He claims he did not receive preferential treatment under, what is now known as, the "friends of Angelo" program. "Angelo" being Angelo Mozilo, the head of Countrywide Bank. Check this Hartford Courant article for more detail.
Here is where it gets good. As part of Nancy Pelosi's "most ethical Congress ever", Dodds promised to reveal the details of both his loans. That was 185 days ago, as of this writing. I found a nifty clock gizmo at propublica.org that handily demonstrates his integrity, or lack thereof.
Meanwhile, his partner in crime, literally, that bastion of society Barney Frank had his boyfriend working at Fannie Mae. No conflict there, surely? Of course, this is the same Barney Frank who allowed a former boyfriend to run a male prostitution ring from the basement of his D.C. residence, as mentioned in the above link. Classy!
Also, as part of the T.A.R.P. bailout, look for A.C.O.R.N. already under investigation, to receive $4.9 Billion to provide "counselling" to folks who are about to lose their homes. No financial help, but "counselling". I guess they'll learn how to live in a fridge box under the freeway.
Monday, January 26, 2009
Why is Chris Dodds not in jail?
Labels:
ACORN
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Angelo Mozilo
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Barney Frank
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Chris Dodds
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Countrywide
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T.A.R.P.