Tuesday, July 28, 2009

The unethical senator from Connecticut

Not Lieberman. The other unethical senator from Connecticut.

"Despite his denials, Connecticut Sen. Chris Dodd knew from the start he was getting a VIP mortgage break from a major lending group, an official involved in the loan testified secretly to Congress. Dodd and Sen. Kent Conrad (D-ND) both got preferred treatment from Countrywide Financial Corp., but have maintained all along they didn't know they were benefiting at the time their mortgage packages were crafted. The two men were part of an elite group known as "friends of Angelo," a reference to Countrywide CEO Angelo Mozilo. Countrywide later lost billions in home loans in the subprime-mortgage crisis that was a precursor to the nation's financial meltdown."


The last time Dodd was in the news, he was lieing about his advance knowledge of the AIG bonuses.


The Democratic party needs to decide whether Dodd's "good" stands on various issues (and Dodd has been very good on Iraq and health care) excuse Dodd's numerous ethical lapses. If they do, then we need to realize we can no longer complain about the ethics of others.

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