From Senator Kent Conrad’s press release about the story tying him to a $1.07 million “VIP” loan given to him by Countrywide Mortgage CEO Angelo Mozilo:
“I never met Angelo Mozilo. And in my role as a United States Senator, I have never done anything for Countrywide.
Kent Conrad as quoted by the Associated Press:
Conrad, the Budget Committee chairman, said it was Johnson who referred him to Mozilo in 2002 when the North Dakotan was seeking a loan to buy a vacation home in Bethany Beach, Del.
“I called (Mozilo). I said, ‘I’m buying this property. Would you be interested in the mortgage?’, and he said, ‘Yeah. Call these people and we’ll take a look,”’ Conrad said.
“I deal with the heads of companies every day, and I didn’t find it at all unusual. I did not think for one moment – and no one ever suggested to me – that I was getting preferential treatment,” Conrad said.
I suppose Conrad could say he was just parsing this – he called Mozilo, but never met him – but really, that level of deception is what most reasonable people call a lie.