Saturday, February 07, 2009

Democrat Dodd + Countrywide Folly = Economic Disaster

"Countrywide was a central culprit in the subprime mortgage meltdown. Mr. Dodd was a ranking member of the Senate Banking Committee when he closed on his loans with Countrywide in 2003. (He's currently the committee's chairman.) Countrywide had a powerful incentive for trying to sway senators from a harsh view of its lending practices." - Yikes !

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