Wednesday, June 25, 2008

Countrywide Contremps

So, Illinois is suing Countrywide for “unfair and deceptive practices”. California follows in the best “me too!” fashion.

Since Chris Dodd (D-Countrywide), has already been pushing a bill to stiff the US taxpayers to bail out Countrywide and Bank of America, one has to wonder if he or the other Senator from Countrywide, and member in good standing of the Subprime Six, Kent Conrad (D-Countrywide), won’t weasel in a passage to keep their buddy Angelo Mozilo out of chokey as well.

Unfortunately for Angelo, the former “Friends of Angelo” are of the extremely fair weather and no publicity variety.

But that’s the problem in Washington today. The politicians just don’t stay bought.