Demand Congress Investigate Senator Chris Dodd
By The Directors Posted in Chris Dodd | Congress | Connecticut | Countrywide Financial | Mortgage Bailout | Quid pro quo — Comments (6) / Email this page » / Leave a comment »
The New York Times reports this morning that Senator Chris Dodd (D-CN) had suspicious dealings with Countrywide Financial, the mortgage lender Senator Dodd is attempting to bailout with taxpayer dollars.
According to Senator Dodd, he knew he was in a "V.I.P. program" at Countrywide Financial, but he denies that this meant he was getting special treatment from Countrywide Financial.
That's like being a member of the United States Senate and thinking you get treated just like everybody else.
Most damning, however, is that Senator Dodd is now trying to bailout Countrywide Financial with billions of taxpayer dollars.
Call your senator at 202-224-3121.
Tell your Senator there must be a full investigation to determine if Senator Dodd is operating in a quid pro quo relationship with Countrywide Financial.
Likewise, the Senate should not consider Senator Dodd's mortgage bailout proposal that benefits Countrywide Financial until we know if Senator Dodd is returning the favor of his very low interest mortgage rate.
Finally, tell your senator that Senator Dodd should step down from chairing the Banking Committee. If he is not smart enough to know being in Countrywide's "V.I.P. Program" gave him special treatment, he is not smart enough to preside over this important committee.