Friend of Kent Conrad Indicted

Ken McCracken • June 6, 2009

Let’s now listen to the silence from the Forum “news” properties.

The federal government charged Countrywide Financial CEO Angelo Mozilo and two other executives with civil fraud Thursday, which ensures that Dodd, who has been accused of getting a sweetheart mortgage deal from the company, will be forced to contend with another round of negative press coverage.

That’s Chris Dodd they’re talking about. The funny thing is that Kent Conrad got the same kind of preferential loan after Mozilo put him on his “Friends of Angelo” list. The list was made to do special favors for influential politicians.
Kent Conrad, caught red handed, told at least three different stories about how he obtained the loan. He claims that he didn’t know he was getting the special “Friends of Angelo” deal but that story is disputed by a Countrywide insider.
Conrad used his position as Chairman of the Senate Budget Committee to facilitate bailouts that benefited Countrywide (the largest player in the mortgage market.)
And now Conrad’s friend is indicted. So far Conrad’s escaped scot free because the ND media (aside from Scott Hennen and this blog) have kept ND’s citizens from knowing about it.
Who wants to bet that they minimize Conrad’s involvement if they even mention it at all? They have time to run stories on Congressman Pomeroy’s engagement but no time to let North Dakota’s citizens know what our Senator is doing.

Tags: North Dakota News

jimmypop

nobody cares. he brings home money.
http://www.valleydeals.com/cgi-bin/board2/YaBB.pl Kevin

Gaylord also claims the mansion isn't his, but belongs to that Calautti woman.<img src='http://i35.tinypic.com/2rwu8hs.jpg'>
studakota

North Dakota, with your 640.000 population, the majority of which are Republican, has, inexplicably, voted into office two Democratic Senators in recent years. Granted, that is not as hilarious as your neighbors to the East, and the unfunny comedian, but still. Talk about "for want of a nail", You were the "nails", and you apparently lost yours. Now you know how serious this has become. With those three votes these Fascist bastards might not succeed in making the USA into a third world country, which they are evidently opting to do. Next election day we'd all like to see videos of, huge, North Dakota traffic Jams on the way to the voting booths across the state. Picking up a name, or two, from the local cemetery on the way, ala Acorn, couldn't hurt either.
http://SayAnythingBlog.com The_Whistler_ofnd

That's what he says, but Rob uncovered the fact that it is owned by both of them.
RustyS

So far Conrad's escaped scot free because the ND media (aside from Scott Hennen and this blog) have kept ND's citizens from knowing about it.

Hey, they know where the bailout money comes from.
http://www.myspace.com/thekingscourt4u Gman

Now what's he gonna get Earl for the wedding gift. The house is out.
sayanything-6955

We can only hope Angelo looks for a softer sentence by throwing a few thumbsuckers like Conrad and Dodd under the paddywagon as they haul his sorry ass away.

SayAnythingBlog.com

Friend of Kent Conrad Indicted

Create a SAB Readerblog

Recent Comments