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Friday, June 13, 2008

Dems. Dodd and Conrad - “Friends of Angelo” - Got Favorable Loans

FOXNEWS is reporting that Senators Chris Dodd (D) of Connecticut and Kent Conrad (D) ND got highly-favorable ‘VIP’ mortgage loans not available to regular consumers from Countrywide’s disgraced former CEO, Angelo Mozilo. 

They were designated as “Friends of Angelo”

Others who got VIP loans include Donna Shalala, Sec. of HHS under Clinton and Alphonso Jackson, now resigned from the Bush Administration.

http://www.foxnews.com/story/0,2933,366320,00.html

After driving Countrywide to near-bancruptcy and following his resignation, Mozilo was rewarded by Countrywide Directors with a lavish separation package.

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