Banking Committee Chair Dodd Doesn’t Know Mortgage Rates
Posted by admin | Under Mortgage Rates Monday Aug 25, 2008
At a press conference, Sen. Chris Dodd (D-CT), chairman of the Senate Banking Committee, is asked about the home loans he got through Countrywide.
A reporter asks if he will keep the loans and Dodd mentions he doesn’t know what the mortgage rates are.
Note that this is a day before he planned to bring a bill to overhaul mortgage companies Freddie Mac and Fannie Mae.
Duration : 0:0:21
This is the guy who …
This is the guy who spoke with Bernankey and Paulson on Fannie Mae and Freddie Mac to calm the market and assure everyone that Freddie and Fannie are not insolvent.
Please appoint a …
Please appoint a SPECIAL PROSECUTOR and initiate a CRIMINAL INVESTIGATION of Senator Christopher J. Dodd (D-CT) without delay. He must be removed from all positions of authority and responsibility that involve the public interest because he has completely BETRAYED the PUBLIC TRUST.
It’s funny that the …
It’s funny that the “Main Stream Media” has yet to report on this brewing scandal about special loan treatment for Dodd, and Conrad. If it had been someone from another party…getting special loan consideration…the “Main Stream Media” would be on this story 24/7!!! It just goes to show, once again, that they are extremely biased in their reporting!!! Shame on you NBC, CBS, and ABC!!!
This idiot …
This idiot actually thinks Americans are stupid enough to buy into the excuse that he didn’t know what his mortgage rate was???
I worked as a Loan Officer for 10 years and let me tell you people something. EVERYONE, even the most uneducated jackass, is CONSUMED with what their interest rate is going to be.
I worked at Countrywide and knew all about the Friends of Angelo Program.
If you believe this turd – you’re a jackass…
This guys the …
This guys the chairman of the Banking Committee. Resign you moron!