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One thing that I learned from Moore's new movie. Our friend Kent Conrad is an FOA.

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Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-02-09 06:46 PM
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One thing that I learned from Moore's new movie. Our friend Kent Conrad is an FOA.
Edited on Fri Oct-02-09 07:14 PM by Guy Whitey Corngood
That's right a Friend Of Angelo's. He's not the only one to have received "perks" from Countrywide. These people are a fucking embarrassment. I don't give a good god damn what party they belong to.

http://www.portfolio.com/news-markets/top-5/2008/06/12/Countrywide-Loan-Scandal/

Two U.S. senators, two former Cabinet members, and a former ambassador to the United Nations received loans from Countrywide Financial through a little-known program that waived points, lender fees, and company borrowing rules for prominent people.

Senators Christopher Dodd, Democrat from Connecticut and chairman of the Banking Committee, and Kent Conrad, Democrat from North Dakota, chairman of the Budget Committee and a member of the Finance Committee, refinanced properties through Countrywide’s “V.I.P.” program in 2003 and 2004, according to company documents and emails and a former employee familiar with the loans.

Other participants in the V.I.P. program included former Secretary of Housing and Urban Development Alphonso Jackson, former Secretary of Health and Human Services Donna Shalala, and former U.N. ambassador and assistant Secretary of State Richard Holbrooke. Jackson was deputy H.U.D. secretary in the Bush administration when he received the loans in 2003. Shalala, who received two loans in 2002, had by then left the Clinton administration for her current position as president of the University of Miami. She is scheduled to receive a Presidential Medal of Freedom on June 19.

Holbrooke, whose stint as U.N. ambassador ended in 2001, was also working in the private sector when he and his family received V.I.P. loans. He was an adviser to Hillary Clinton’s presidential campaign.
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