Investigators say 4 Reps got discounted loans

[formercia]

Source: Yahoo Finance


By LARRY MARGASAK | AP – 6 hrs ago


WASHINGTON (AP) — House investigators have found that four current members of the U.S. House received discounted loans from the former Countrywide Financial Corp.

The chairman of the House Oversight and Government Reform Committee, Republican Rep. Darrell Issa of California, declined to name the members but sent a letter to the House Ethics Committee asking for further investigation.

Issa, in a letter dated Friday and released Monday, said Countrywide used its discount program to build a relationship with public officials and others who could help the company. Countrywide is now owned by Bank of America.

The most favored officials received discounts under a program known as "Friends of Angelo," a program led by former Countrywide CEO Angelo Mozilo. However, Issa said others received discounts through other sections of Countrywide.



Read more: http://news.yahoo.com/investigators-4-reps-got-discounted-loans-050417947.html

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"Friends of Angelo," :rofl:

[Frustratedlady]

1. I thought Issa was hunting down Dems? Wha' hoppened? eom

[formercia]

2. That was my thought too

:evilgrin:

[ellenfl]

3. something is wrong. why won't he name them? eom

[Enthusiast]

4. We need investigations.

Not just of these guys but of the entire government, the financial services industry and war profiteering. That would only scratch the surface.

[Zorra]

5. If enough people get united behind Occupy we can force this into reality

through united, focused, imaginative non-violent direct action.

We just need enough people with us to get the job done.

That's all we need. Millions of people united in purpose.

[Enthusiast]

6. You are right.

I see OWS as the only answer we have. With a straight face the politicians claim to represent us. That proves they are lying.

[KoKo]

7. How can we deal with...this CRIMINALITY still goes on! Who is Held Responsible??

After ALL THIS TIME....How long can this go on? :shrug:

[countryjake]

8. Anybody have any idea who the lone Dem might be?

Any names been released, yet?