Quote:
“I was never told I was given preferential treatment. I didn’t ask for it, didn’t seek it, and, as far as I know, I didn’t get it,” Conrad said.
Quote:
”If they did me a favor, they did it without my knowledge and without my requesting it,” Conrad said. “I have not done one single thing wrong here.”
Quote:
Countrywide also made an exception in lending Conrad $96,000 for the apartment building. The company had a policy of only providing loans for buildings with four or fewer units.
Quote:
”My memory is that I called Jim” to ask for advice on obtaining a mortgage for the summer house property in Bethany Beach, Del. “And he said, ‘Here’s a guy that you should talk to right now.’ And he handed the phone over to Angelo Mozilo. That conversation lasted about 30 seconds. I told him what I was looking for and he said, ‘We’d be happy to take a look at it,’ or something like that.”
Doesn’t make sense that it’s ignored on the website.
Pomerdorgrad - 10:06am on 06/14/2008
So Jim Johnson got him the loan after he got his own special deal. And then Johnson interviews Conrad on Obama vice president picks. Small, special world, it is.
Pomerdorgrad - 11:06am on 06/14/2008
Don’t you wish you were so special?
I wish I could get $10,000 off of what my mortgage is costing me.
Rob - 11:06am on 06/14/2008
Gee, why would Gaylord be doing this?
Looks like his usual ham fisted attempt at damage control.
Quote:
Senator donates money over loan deal
By MARY CLARE JALONICK Associated Press Writer
The Associated Press - Saturday, June 14, 2008
WASHINGTON
A North Dakota senator says he is donating $10,500 to charity and refinancing his loan on an apartment building after reviewing documents that show he received special treatment from Countrywide Financial Corp.
Sen. Kent Conrad, a Democrat, said on Saturday that it appears that Countrywide waived 1 point on his mortgage for a Bethany Beach, Del., vacation home. He said he would donate the equivalent amount of money to Habitat for Humanity.
Conrad said he reviewed documents provided to him by Countrywide and reporters after it was reported by Conde Nast Portfolio magazine’s Web site that he and Senate Banking Committee Chairman Chris Dodd, a Connecticut Democrat, got preferential treatment on their mortgages.
Kevin - 01:06pm on 06/14/2008
Now that he’s been caught…
Pomerdorgrad - 02:06pm on 06/14/2008
He’ll take the donation off his income taxes, too!
Kevin - 03:06pm on 06/14/2008
I agree, that is worth mentioning, its is a storry! No doubt about it!
Look at all of Gaylord’s weasel words.
Quote:
“I was never told I was given preferential treatment. I didn’t ask for it, didn’t seek it, and, as far as I know, I didn’t get it,” Conrad said.
Quote:
”If they did me a favor, they did it without my knowledge and without my requesting it,” Conrad said. “I have not done one single thing wrong here.”
Quote:
Countrywide also made an exception in lending Conrad $96,000 for the apartment building. The company had a policy of only providing loans for buildings with four or fewer units.
http://tinyurl.com/5v8nnq
Quote:
”My memory is that I called Jim” to ask for advice on obtaining a mortgage for the summer house property in Bethany Beach, Del. “And he said, ‘Here’s a guy that you should talk to right now.’ And he handed the phone over to Angelo Mozilo. That conversation lasted about 30 seconds. I told him what I was looking for and he said, ‘We’d be happy to take a look at it,’ or something like that.”
http://tinyurl.com/5txdcp
The Forum has a prominent story on Page 1, bylined Janell Cole. Big play.
http://www.newseum.org/todaysfrontpages/hr.asp?fpVname=ND_TF&ref_pge=gal&b_pge=6
Doesn’t make sense that it’s ignored on the website.
So Jim Johnson got him the loan after he got his own special deal. And then Johnson interviews Conrad on Obama vice president picks. Small, special world, it is.
Don’t you wish you were so special?
I wish I could get $10,000 off of what my mortgage is costing me.
Gee, why would Gaylord be doing this?
Looks like his usual ham fisted attempt at damage control.
Now that he’s been caught…
He’ll take the donation off his income taxes, too!
I agree, that is worth mentioning, its is a storry! No doubt about it!