Thursday, January 29, 2009

Senate Ethics

All below is pasted and copied from Instapundit.
It’s been over seven months since it was revealed that Senate Banking Committee chairman Christopher Dodd (D., Conn.) got a sweetheart deal on his Washington, D.C., townhouse directly from Angelo Mozilo, the CEO of troubled subprime-mortgage lender Countrywide Financial. Participating in the “Friends of Angelo” program saved Dodd about $75,000 on his mortgage, and raised more than a few eyebrows about whether Dodd should be accepting such hefty gifts from entities he’s tasked with overseeing and regulating.

Since the scandal broke last June, no action has been taken by the Senate to formally ascertain if Dodd engaged in any wrongdoing. Nor has Dodd tried to clear his name in any way. What’s troubling about Dodd’s scandal isn’t so much that it remains unresolved but that it’s a textbook example of how scandals in Washington are swept under the rug.

It has now been 189 days since Dodd promised to release his mortgage documents, but he still hasn’t done so.

And don’t forget Kent Conrad: “Senator Conrad’s role in the scandal has gone straight down the memory hole.”

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