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<a href="http://www.accessmylibrary.com/article-1G1-180801154/principal-author-dodd-shelby.html" title="Facts and information about The principal author of the Dodd-Shelby housing bill is Sen. Christopher Dodd, a Connecticut Democrat who chairs the Senate Banking Committee.(The Week)(Brief article)">The principal author of the Dodd-Shelby housing bill is Sen. Christopher Dodd, a Connecticut Democrat who chairs the Senate Banking Committee.(The Week)(Brief article)</a>
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The principal author of the Dodd-Shelby housing bill is Sen. Christopher Dodd, a Connecticut Democrat who chairs the Senate Banking Committee.(The Week)(Brief article)
The principal author of the Dodd-Shelby housing bill is Sen. Christopher Dodd, a Connecticut Democrat who chairs the Senate Banking Committee. Portfolio magazine has revealed that Dodd was one of two U.S. senators who benefited from Countrywide Financial's "Friends of Angelo" program (named for CEO Angelo Mozilo), under which Countrywide, the largest mortgage lender in the U.S., gave loans at favorable terms to the influential and the powerful. According to Portfolio's calculations, the preferential loan rates Dodd received will end up saving him $75,000. The troubling nature of this arrangement becomes clear when one looks at the fine print ...
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