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 Message Boards » » Countrywide Financial Sweetheart Loan Scandal Page 1 [2], Prev  
eyedrb
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so people dont care that these congressmen got these loans before handing over billions to lenders, including citibank and countrywide. Esp the CHAIRMAN of the senate banking committee. He lied about it.

But for 7 damn years I got to hear all about how we went to war so cheney could make a buck. unreal.

7/28/2009 7:20:24 PM

sarijoul
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i care.

i care more about torture and illegal detention that is likely still going on.

7/28/2009 7:25:50 PM

Fail Boat
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Yes you prick, no one cares as is clearly evident by what we have posted

7/28/2009 7:26:16 PM

agentlion
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Quote :
"But for 7 damn years I got to hear all about how we went to war so cheney could make a buck. unreal."


.... seriously? You're comparing going to WAR with getting a sweet deal on building a house?
Really, you insensitive prick?

--

this, so far, looks to be about the same, or less severe, than the Ted Stevens deal. Stevens got in trouble for that, and was eventually overturned anyway. I know people were upset at Stevens, but I don't recall "outrage" or people demonstrating in the street over his relatively small indiscretions (compared to what a lot of politicians do)

[Edited on July 28, 2009 at 7:31 PM. Reason : .]

7/28/2009 7:27:38 PM

hooksaw
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To be quite honest, I don't even care--just as long as they get Dodd the fuck out of there. I can't stand that lizard. Give his seat to another Democrat, I don't care--just get his ass out!

Looks like I may just get my wish!

July 24, 2009
Dodd-Simmons gap widens in latest Quinnipiac poll


Quote :
"(NECN: Brian Burnell, Hartford, Conn.) - Connecticut Senator Chris Dodd's battle to retain his Senate seat remains an uphill one according to the latest Quinnipiac University Poll.

The strongest declared Republican candidate is former Congressman Rob Simmons.

According the poll, Simmons leads Dodd 48-percent to 39-percent -- no improvement and actually a little worse than the 45-percent to 39-percent spread of 2 months ago.

Troubling numbers can also be found in relation to the job Dodd is doing.

The poll shows 52-percent of those asked disapprove of the job Dodd is doing compared to 42-percent who approve."


Check this part out:

Quote :
"For example, 55-percent of people asked say Chris Dodd is not trustworthy or honest and yet 62-percent say he does have leadership qualities."


http://www.necn.com/Boston/Politics/2009/07/24/DoddSimmons-gap-widens-in/1248467549.html

7/29/2009 12:45:04 AM

eyedrb
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I agree with hooksaw, dodd needs to go.

and agentlion, ill try to explain my point seeing how you dont seem to comprehend it. I am comparing people who dont think its a big deal to give a democrat a payoff because they have a big say in the billions a company will receive in return, to the people who THINK that we went to WAR so cheney could make some money from Halliburton. Its the same scenerio, although one is bullshit, im just pointing out the double standard.

7/29/2009 9:12:50 AM

sarijoul
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they can prosecute dodd after cheney and yoo get their day in court/congressional hearings.

7/29/2009 9:33:15 AM

eyedrb
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great response. Why not get the corrupt ahole that is currently IN GOVT out first, then decided what to do with years of court precedings. Just throwing that out there.

7/29/2009 9:46:31 AM

sarijoul
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because i think torture in the name of america is a much bigger deal.

[Edited on July 29, 2009 at 9:47 AM. Reason : and the dodd issue will take care of itself next november]

7/29/2009 9:47:29 AM

Fail Boat
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Quote :
"a payoff because they have a big say in the billions a company will receive in return"


What billions are you referring to?

7/29/2009 9:57:00 AM

eyedrb
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just read any of the links on the first page failboat.

7/29/2009 1:17:11 PM

Fail Boat
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No, you tell me, what billions did Countrywide receive because of favorable treatment by Chris Dodd.

7/29/2009 2:24:52 PM

hooksaw
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Quote :
"Sen. Dodd, chairman of the Senate Banking Committee, still maintains he got no preferential treatment. Sen. Conrad, who heads the Senate Budget Committee, took that position initially, but later acknowledged he did get a special deal."


Quote :
"Sen. Conrad initially said in June 2008, 'If they did me a favor, they did it without my knowledge and without my requesting it.'

The next day, however, Sen. Conrad changed his story and said he was donating $10,500 to charity and refinancing the loan on the apartment building with another lender."


http://www.lvrj.com/opinion/51978772.html

7/29/2009 3:07:27 PM

Fail Boat
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10,500<< billions

7/29/2009 3:14:18 PM

eyedrb
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http://www.examiner.com/a-1449448~Bank_of_America_PAC_money_behind_Dodd_s_Countrywide_loan.html

here is a good read for you failboat.

I also suppose you missed the link at the first of the page? Or any news of the bank bailouts? You could google it too if you wish.

7/29/2009 5:01:29 PM

eyedrb
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http://www.youtube.com/watch?v=NvzYFUvqm2c

7/29/2009 5:03:16 PM

Fail Boat
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^^ Your link is proving my point, thanks.

7/29/2009 9:04:21 PM

aaronburro
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wow. The senate ethics committee cleared Conrad and others of ethics violations today. What a shocker. I guess being part of a VIP program doesn't qualify as getting "special treatment."

8/7/2009 6:33:15 PM

hooksaw
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The Countrywide Vote
The backroom battle over a subpoena on VIP mortgages.
OCTOBER 17, 2009


Quote :
"Senators Chris Dodd and Kent Conrad lawyered up when the Senate ethics committee asked about their VIP loans from Countrywide Financial. But the sweetheart Senators may not be able to stop another look at their dealings with the subprime mortgage factory. A Democrat on the House oversight committee, Illinois freshman Mike Quigley, tells us that he supports a subpoena to obtain documents on the 'Friends of Angelo' loan program."


Quote :
"We're told that, at a closed Thursday meeting of Democrats on the House oversight committee, several Members urged Chairman Edolphus Towns (D., N.Y.) to allow a vote on California Republican Darrell Issa's proposal to issue the subpoena. Mr. Towns received two mortgage loans from the Countrywide unit that processed VIP loans but claims he received no special favors."


http://online.wsj.com/article/SB10001424052748704322004574477711907000406.html

If this were a Republican, some of you would be howling like scalded cats. Shouldn't this Towns guy either allow the vote on the subpoena at issue (to err on the side of caution) or recuse himself in some way?

This stinks.

10/18/2009 6:30:54 PM

Solinari
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its just politics man... republicans did the same crap

10/18/2009 7:11:50 PM

hooksaw
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Democrats skip out on Countrywide vote
10/15/09


Quote :
"Faced with a promised vote to subpoena documents on Countrywide Financial's 'Friends of Angelo' program, Democrats on the House Oversight Committee fled a scheduled 2 p.m. markup today.

Rep. Darrell Issa of California, the Ranking Republican on the Oversight Committee, had promised to call for a vote at today's markup on whether to subpoena documents involved in the program that gave sweetheart mortgages to at least four Democratic government officials, including two senators. According to the Wall Street Journal, the program might have also benefitted the chairman of House Oversight, Rep. Edolphus Towns, D-N.Y.

Even if it had been ruled out of Order, Issa's motion would have received a vote.

The committee's Democrats simply failed to appear. Republican staffers say they caught them on tape leaving by a back door at 2:35."


http://tinyurl.com/yzgn76y

Video of Democrats in Congress fleeing their oversight responsibilities:

http://www.youtube.com/watch?v=c6NAQ-Q2Uyc

PS:

Democrats lock Republicans out of committee room
10/20/09


Quote :
"Rep. Edolphus Towns (D-N.Y.) locked Republicans out of the House Oversight and Government Reform Committee room to keep them from meeting when Democrats aren't present.

Towns' action came after repeated public ridicule from the leading Republican on the committee, Rep. Darrell Issa (R-Calif.), over Towns’s failure to launch an investigation into Countrywide Mortgage’s reported sweetheart deals to VIPs.

For months Towns has refused Republican requests to subpoena records in the case. Last Thursday Committee Republicans, led by Issa, were poised to force an open vote on the subpoenas at a Committee mark-up meeting. The mark-up was abruptly canceled. Only Republicans showed up while Democrats chairs remained empty.

Republicans charged that Towns canceled the meeting to avoid the subpoena vote. Democrats first claimed the mark-up was canceled due to a conflict with the Financial Services Committee. Later they said it was abandoned after a disagreement among Democratic members on whether to subpoena records on the mortgage industry’s political contributions to Republicans. [FLIP-FLOP!]


A GOP committee staffer captured video of Democrats leaving their separate meeting in private chambers after the mark-up was supposed to have begun. He spliced the video to other footage of the Democrats' empty chairs at the hearing room, set it to the tune of 'Hit the Road, Jack' and posted it on the Oversight and Government Reform Committee's minority webpage, where it remained as of press time.

Towns's staffers told Republicans they were not happy about the presence of the video camera in the hearing room when they were not present. Issa's spokesman said the Democrats readily acknowledged to Republicans that they changed the locks in retaliation to the videotape of the Democrats' absence from the business meeting even though committee rules allow meetings to be taped.

'It's not surprising that they would choose to retaliate given the embarrassment we caused by catching them in a lie on tape,' said Issa spokesman Kurt Bardella. 'If only they
would use their creative energy to do some actual oversight rather than resorting to immature tactics, but I guess we're getting some insight into what lengths they'll go to avoid addressing the Countrywide VIP issue.'


Towns's office said in a statement the locks were changed on Republicans 'because they don't know how to behave.' [LOL!] As for the video the GOP made, Towns's office pointed out: 'The minority is using taxpayer dollars to make these campaign style videos.'

Bardella replied: 'It's also those same taxpayer dollars that paid for them to sit in a room while they came up with an excuse to cancel the mark-up -- what exactly do they do all day?'"


Quote :
"Countrywide, now owned by Bank of America, was reported to have given VIP loans and treatment to lawmakers and officials at the federal and local level who were in a position to influence policy affecting the mortgage giant. Issa has repeatedly reminded Committee Democrats that Bank of America officials had said they would turn over records on the VIP program – but only in response to a subpoena.

Towns, who received a mortgage loan from Countrywide but insists he was not part of the VIP program, has said he declined to launch an investigation because he does not want to interfere with an ongoing Justice Department probe into the matter."


http://thehill.com/homenews/house/63941-democrats-lock-republicans-out-of-committee-room

[Edited on October 21, 2009 at 4:49 PM. Reason : Sweet Jesus. ]

10/21/2009 4:36:29 PM

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