Did he think we would forget? Senator Chris Dodd (D-Conn.) got a break on his two mortgages and people were pretty wound up about it. Since he’s the chairman of the Senate Banking Committee people have a right to be wound up.
First he said that the details about his deal with Countrywide would be released at some point. Then he said that he wanted to wait until after the Senate hearings, and then he would release them after the president signed the – at the time – $300 billion bank bailout bill. (a.k.a Crap Sandwich 1.0)
All I hear are crickets; and maybe a jackhammer or two as liberals tear down private enterprise in this country.
I’ve got two posts up concerning Dodd’s mortgage deals. I’m not hammering him relentlessly on this, but we need to revisit the situation again since the Hartford Courant reported yesterday that Dodd is still not willing to discuss the deal or his status as a Countrywide VIP.
U.S. Sen. Christopher J. Dodd hedged Wednesday on whether he will release documents on two mortgages from Countrywide Financial Corp. that sparked an ethics inquiry.
When asked after a speech in Hartford whether his mortgage documents ever will become public, Dodd replied, “Not right now. No.”
But one of Dodd’s aides said later that Dodd, chairman of the Senate Banking Committee, “will release them, and he still intends to do that. He intends to do that, not at this time.”
The $700 billion-plus deal (a.k.a. Crap Sandwich 2.0) is done and the president has signed the bill.
Was the Countrywide political action committee donation of $10,000 during the 2008 political cycle – and $20,000 during his political career – shut your mouth money? Seems so.
Exit question: Since Dodd’s special financing was only a fixed low rate for the first five years – most likely ending this summer – what kind of deal does he have now on the mortgage?