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Sen. Dodd claims he wants to reform the very same industry where he got low rate mortgages personally ok’ed by Countrywide CEO Angelo Mozilo. Dodd’s office quickly responded to the potentially costly revelation with a statement: “The Dodds received a competitive rate on their loans. They did not seek or anticipate any special treatment, and [...] Senators Dodd and Conrad are among the government officials who scored V.I.P. loans from C.E.O. Angelo Mozilo. Countrywide CEO Mozilo personally ok’ed the loan terms too and the senators (and other politically connected people) received better deals than ordinary homeowners. How cozy. Some might even call it corrupt. |  | ||||
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