WASHINGTON — Senator Ted Stevens of Alaska, the longest-serving Republican in the Senate’s history and a figure of enormous influence in his state, was found guilty on Monday of violating ethics laws for failing to report gifts and services that he was given by friends.GOOD RIDDANCE. STEVENS WAS A CORRUPT BIG SPENDER.
A federal jury of eight women and four men from the District of Columbia found that the 84-year-old Mr. Stevens, who has represented Alaska in the Senate for more than 40 years, knowingly failed to list on Senate disclosure forms the receipt of several gifts and tens of thousands of dollars worth of remodeling work on his home in Girdwood, Alaska.
- NOW... WHEN WILL CHRIS DODD OF CONNECTICUT BE INDICTED FOR GETTING A SWEETHEART LOAN FROM COUNTRYWIDE?
(AS DID SEVERAL OTHER SENATORS, ALL OF WHOM SHOULD BE INDICTED TOO.
NOTE: COUNTRYWIDE WAS AT THE VERY HEART OF THE RECENT MORTGAGE/FINANCIAL MELTDOWN, AND DODD - WHO AS CHAIRMAN OF THE SENATE BANKING COMMITTEE HAD OVERSIGHT OVER THEM AND FANNIE MAE.
DODD GOT FAVORABLE TREATMENT FROM THEM AND THIS IS A CRIME).
MORE ON THE CORRUPT DODD FROM THE HARTFORD (CT) COURANT:
Dodd's Campaign Money Shift Raises QuestionsMORE ON DODD FROM THE WSJ:
October 26, 2008
Sen. Christopher Dodd's bewildering odyssey of entitlement, evasions and deceptions continued last week. He shed more credibility as he staggered through new excuses for concealing from the public documents related to his cut-rate mortgages of nearly $800,000 from subprime giant Countrywide Financial.
On Wednesday, Dodd announced he wants to wait until the Senate Ethics Committee completes its investigation of his mortgage deals. There's no Senate rule requiring Dodd to remain silent during the investigation. There's no legitimate reason for Dodd to withhold from the public the array of documents, e-mails and letters from the mortgage swag bag Countrywide gave him.
Former Countrywide Financial loan officer Robert Feinberg says Mr. Dodd knowingly saved thousands of dollars on his refinancing of two properties in 2003 as part of a special program the California mortgage company had for the influential. He also says he has internal company documents that prove Mr. Dodd knew he was getting preferential treatment as a friend of Angelo Mozilo, Countrywide's then-CEO.RTWT.
That a "Friends of Angelo" program existed is not in dispute. It was crucial to the boom that Countrywide enjoyed before its fortunes turned. While most of the company was aggressively lending to risky borrowers and off-loading those mortgages in bulk to Fannie Mae and Freddie Mac, Mr. Feinberg's department was charged with making sure those who could influence Fannie and Freddie's appetite for risk were sufficiently buttered up. As a Banking Committee bigshot, Mr. Dodd was perfectly placed to be buttered.
- DEMOCRATS DODD AND FRANK AND KERRY AND OBAMA PROTECTED FANNIE MAE AND COUNTRYWIDE BY BLOCKING THE INCREASED OVERSIGHT FANNIE MAE NEEDED AND THE GOP PROPOSED.
- DODD - IN THE SENATE FOR DECADES - WAS THE NUMBER ONE RECIPIENT OF FANNIE MAE MONEY. OBAMA - IN FOUR SHORT YEARS WAS ALREADY NUMBER TWO.
- GIVING THESE CORRUPT SCUM MORE POWER - BY GIVING OBAMA THE WHITE HOUSE - IS INSANE.
VIDEO REMINDER:
1 comment:
Gary Scott, a former Pasadena Star-News reporter who blogs about media issues, actually suggests in his post today that this will be "a black eye on the Republican party." Schmuck. (reporter-g.blogspot.com)
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