For the past 2 years, Senator Chris Dodd has denied knowing he got a special deal on his mortgage from Countrywide. Now in testimony before investigative panels, an employee who worked in the VIP section of Countrywide is blowing the whistle on the Senator.
What is galling is that while Countrywide was writing thousands of mortgages that were doomed for failure and helped lead us into the housing crisis, Senator Chris Dodd was overseeing the Senate Banking Committee that regulated the company.
And yet he is telling the world that he has done nothing wrong.
When I listen to Senator Chris Dodd I’m reminded of this bit by John Lovitz:
Source: AP news and Real Estate Bloogers