How to Buy Power in DC, the Countrywide Edition

by Benjamin Domenech on 12:16 am March 24, 2009

“Countrywide’s CEO Angelo Mozilo granted sweetheart mortgages to a number of influential lawmakers” including Senate Banking Committee Chair Chris Dodd (D-CT), and Senator Kent Conrad (D-ND). Called “Friends of Angelo” loans, they’re referred to over and over again in emails obtained by House Oversight Committee. Good friendships are based on hiring the money.

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