Friday, March 20, 2009

Congressional Report: Countrywide Bent Loan Rules For Dodd

It hasn't been Senator Dodd's week. First, he has taken the blame for the AIG bonus loophole, despite the question of whether or not contracts can be overriden by legislation. Now, a document shows that he was given a favorable discount on a loan. Dodd is up for reelection this cycle, and once thought to be a shoe in, he is now extremely vulnerable.

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